I'm reading about finding patterns: head and shoulders, double tops and bottoms, ascending and descending triangles, etc etc Can these patterns be applied to ALL time frames? If so cant one security be trending, reversing, and have all sorts of different patterns at the same time? Am I just a nutjob? I'm reading this book and it shows a chart and says "now draw trend lines, they're are at least 8. I drew like 33 of them! Some were long, some where short, some were in the middle. I am understanding the basics of these patterns, but doesn't everything depend on what time frame your looking at or trading in?