I may be missing something here. If you searched for the necktie in a stock chart, wouldn't you not be able to get in when the crossover happens? Because at the time the crossover happens, the necktie isn't fully formed.
@shootor123 Hello Shooter, in some sense yes, the 2nd half of the necktie hasn't formed, but the first has and is pretty readable by angle, separation, etc. So one can either take the xover when it happens, or wait a bar or two for confirmation.
I may be missing something here. If you searched for the necktie in a stock chart, wouldn't you not be able to get in when the crossover happens? Because at the time the crossover happens, the necktie isn't fully formed.
shootor123 1 week ago
@shootor123 Hello Shooter, in some sense yes, the 2nd half of the necktie hasn't formed, but the first has and is pretty readable by angle, separation, etc. So one can either take the xover when it happens, or wait a bar or two for confirmation.
Those are a couple of options so hope this helps.
Kind Regards,
Chris
SecondSkies 1 week ago