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Stocks & Commodities V. 38:01 (22–25): An 8-Day Pattern For Short-Term Traders by Omar Ait Hellal, PhD, and Chen Zhang

Stocks & Commodities V. 38:01 (22–25): An 8-Day Pattern For Short-Term Traders by Omar Ait Hellal, PhD, and Chen Zhang

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An 8-Day Pattern For Short-Term Traders by Omar Ait Hellal, PhD, and Chen Zhang

Here is a continuation pattern that could help swing traders capture some gains in stocks or ETFs that are trending.

Most swing traders dont hold their positions for more than a few days. They aim to exploit quick momentum of stocks and commodities and rely mainly on trading patterns. Some patterns indicate reversals and others a continuation of a prevailing trend. In general, continuation patterns are of great interest, since established trends tend to continue for a sufficient period of time and can be exploited more safely for a decent profit ...
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