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M pattern is when price makes a high above BolBand, retraces to close inside
the band, rises to form a double top or a lower high inside the band with
that high and turns around to form a pivot.
W pattern is symmetricaly opposite.
Jan Philipp
----- Original Message -----
From: Bo Turger <boturger@xxxxxxxxxxx>
To: <jan4123@xxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, March 04, 2000 7:56 PM
Subject: Re: [RT] Re: Simple Trading System [also sold commercially]
> "A little better results can be obtained with John Bollinger M/W pattern
for
> countertrend entries."
>
> Hi Jan,
> Could you please explain a little about what this M/W pattern is?
> Thank you,
> Bo.
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