As you can see from the chart the initial target for this pattern was met and overshot just a little!
Data used to calculate as follows:-
High : 6493.1
Low : 6435.3
Break : 6463
Target : 6501
Formula from link:-
thepatternsite.com/st.html
Simplified = B + ((H – L) * 66%)
Data used to calculate as follows:-
High : 6493.1
Low : 6435.3
Break : 6463
Target : 6501
Formula from link:-
thepatternsite.com/st.html
Simplified = B + ((H – L) * 66%)
