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Satans heartbeat

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Reading UK
Trading Experience: None
Platform: Custom
Broker/Data: Interactive Brokers
Favorite Futures: My 3 boys
Grantx's Avatar
Posts: 1,632 since Oct 2016
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Satans heartbeat

My least favourite pattern, I am going to call Satans heartbeat. This loathsome price sequence is a standard formation around news releases however it is also quite commonly found during quiet periods across all timeframes.
A trader gets shafted in both directions as price nonchalantly returns to indecision.

Do you have a least favourite pattern?

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