QQQ
Finished printing the 3 candle Upside Tasuki Gap pattern today. Linked diagram below. According to studies of the reliability of this pattern as an indicator of next days price action, 57% of the time this pattern presents itself prices rise, while 47% of the time they continue downward. While that may basically seem like a crapshoot, any advantage in predicting price action should be considered. So, at the close when this pattern was being shown to be completing, I went ahead with a couple Aug 23rd C190 at .41 apiece. Just a small 80 buck bet placed to see if this candlestick pattern can make me some money when by selling premium tomorrow. QQQ closed at 186.99, so if I can get it up to 188 tomorrow, which is very doable, it makes for a nice scalp. We shall see. Happy hunting and GLTA!!
www.feedroll.com/wp-...pside-Tasuki-Gap.jpg
