Don't be so down on this idea -- it's quite plausible and works very well in 'tempered' markets. On average, if you are truly patient and...
Realized you asked about the 'time frame' -- I guess you mean # of bars to form? Mostly, the shorter, the better. Because I don't want to...
As the last post mentions: Cup/handle works in every time frame. The more convergence the better. BUT: a) Watch your overhead trend line:...
I will say this: Don't give up your system yet! A lot of other good posts in here -- but, I have to say, the last 12-days have been WACKO!...
As part of my overall toolbox, I use FIB and candles intraday. As another post mentions, there are some very reliable patterns in candlesticks...
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