Wick bundles, Lop-sided Ms and Lop-sided Ws

trendie

Legendary member
6,878 1,430
Watching markets real-time is very educative.
I am finding real-time charts has revealed real-time patterns.
I want to explore non-indicator based patterns, as forms of trading entries / signals.
 

trendie

Legendary member
6,878 1,430
Here is a wick bundle, possibly indicating a reversal entry, or an exit for an existing trade?
zz-wicks-001.PNG
 

trendie

Legendary member
6,878 1,430
A lop-sided M, where one hump is lower than the other:
Also, a "normal" "W".
 

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trendie

Legendary member
6,878 1,430
I think if I recall, these are Joe Ross hooks.
 
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trendie

Legendary member
6,878 1,430
More lop-sided Ms and Ws.
I find them easier to see on the downside, than up.

The SMA(3) lets me see the levels more easily than just candles.
But, I cant be certain if the level will hold, or not.

EDIT: actually, wasn't there this guy who posted here, years ago, who coined the term "bat ears" for the "M"s?
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