Blips

Blips are a reversal type pattern that work well when they show up at a reversal time zone. Try to find a confluence when taking the trade...Note - if you see this pattern and you are just above/below the MA it may give you the opportunity to pull the trigger and not be on the right side of the MA...just look for MOM.

Check out the chart:
http://www.simple-as-123.net/charts/AprilBlips.gif

Marsh

Quote for the day...

"The battle that never ends is the battle of belief against unbelief."
- Thomas Carlyle