Towards the back of my book "The Trader" ( Trader Press 1998) on page 254, I outline situations when pattern completions coincide with price action that fills a prior open gap.
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This chart in NDX 15min is a situation day traders need to look for as a clear continuation opportunity. The 50% retest (yes a ) and the impulse on the 5-minute were PERFECT confirmation as well! Simple patterns are excellent continuation situations when multiple technical factors identify the same levels of .
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