f m
through the middle of march, from the early low to the later flying short bars (151) was a buy signal, but of the downward pointing point type, which are suspect. now in april it's a descending channel at the bottom of a cliff ... a very good pattern. the context is a descending channel since the beginning of the year ... i like descending channels. we're near an earlier low ... and look what happened after the descending channel from august to november. short bars, including flying short bars, are the buy signal. of course you can find them throughout the chart ... so ... if they're in developed channels ... like, in november ... beginning of the month ... hey, that was a descending channel at the bottom of a cliff, end of october and into november a few days. of course then you had a breakout, and a flying short bar up there, and that was followed by a pretty much instant 10% gain.
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