Monday Feb 15, 2021
We actually see the early stages of another bullish expanding pivots pattern developing, A.K.A the bullish megaphone. These patterns are rare because they require quite specific price action and it often fails before completing.
It’s a [rare] bullish continuation pattern, but keep an eye on it as it will suggest higher prices.
As for trading, it was a quiet day. We smashed a nice target from the morning’s FTSE signal, one stop loss from the DAX and the rest was quiet.