CONE formed a downward channel. two of three indicators support it and prior trend broken. Looking for this one to rally into early next week, then catch it on the downward move. This will probably be one I will play on an extremely short basis. Higher time frame charts are bearish. Lower time frame charts are neutral to bullish.
trading pattern criteria
confirmed pattern 1
pattern confirms trend or confirms broken trend 1
pattern is syemtrical 1
pattern leans in the direction of the move 1
stoch RSI confirms 1
macd confirms 1
obv confirms 0
pattern confirms on 1 higher time frame chart 1
pattern confirms on 2 higher time frame chart 1
pattern confirms on 1 lower time frame chart 0
Total score 8
trading pattern criteria
confirmed pattern 1
pattern confirms trend or confirms broken trend 1
pattern is syemtrical 1
pattern leans in the direction of the move 1
stoch RSI confirms 1
macd confirms 1
obv confirms 0
pattern confirms on 1 higher time frame chart 1
pattern confirms on 2 higher time frame chart 1
pattern confirms on 1 lower time frame chart 0
Total score 8