Читать книгу Encyclopedia of Chart Patterns - Thomas N. Bulkowski - Страница 38

The right half of the figure shows a similar setup. A small double bottom is at HI, confirmed when price closes above J (it's hard to see where that is, though). In this setup, we have a measured move down pattern from L to K (first leg), K is the corrective phase, and KH is the second leg.

We know from studying measured moves that price returns to the corrective phase 77% of the time (see Table 46.5, where 23% remain below the corrective phase and 77% move higher). We know price is going to climb to K. K becomes our target. We use a buy stop a penny above the high at J, a limit order to sell at K, and place a stop a penny below the low at H.

Test these setups in the stocks and markets you trade. Make adjustments accordingly so that they work for your trading style.