s/r shooting

The Q was about under/overshooting S/R...what the pattern has to do with it??

 

In these days of getting less for your money, I know its unusual to get extra, just put it in your pocket and see if it's useful.

 

I made a radical assumption that since the question was about overshooting/undershooting S/R levels, the OP was possibly considering putting on and/or taking off trades around S/R levels. By finding patterns that trigger the OP's desired reaction around S/R levels more often than not, the OP will acquire what is known in trading parlance as "an edge". Therefore, the very uncertain fact that price sometimes overshoots, sometimes undershoots, and sometimes totally breaks through S/R levels becomes totally irrelevant.

 

He's a magician, ya know.

 

Tonk, these guys are grumpy. Let's go ride our bikes to the ice cream shoppe

 

Meet you there.

 

LOL!

Your bla-bla is totally irrelevant!How could it be irrelevant if the deviation from S/R IS THE TOPIC???

 

I am there.

 

Why do people who don't have a clue about trading become members of Elite Trader?

Join us at the ice cream shoppe. I'll buy you a triple cone and I'll bring my "Probabilities for Dummies" book.

 

Buy yourself a fucking loupe and re-read the OP's concerns.