Correction: Counter Trend Break Away Pattern on 6-26

6月26日

This is a correction video representing the Counter-Trend mode of today's BreakAway pattern.

I created the first video thinking this was a Trending pattern.

Counter-trend patterns tend to reflect a reversal of price direction related to the last 3~5 days price trend.

In this video, I go over how I view Counter-Trend patterns vs. Trend/Carryover patterns.

Look for initial weakness in price followed by what I believe will be a strong rally phase this afternoon.

Here we go...