Pivot Pattern - NQ example

Hey gang.... Here is a variation of that FSLR pattern but in the NQ....



It was not quite as nice because the third low was not lower and had more volume to it... I got in a little early thinking that little pullback into 14:15 on declining volume was going to go and had to hold through a small little 4th flush. The overall market was not at the best support, so I was a bit leery on this one. My exits ended up being at 1925.25 and 1924. Not the best gain since my entry was 1922.75, but risk was small enough to have me give it a try anyway.... The slowing pace into the 1925 level when it kept making slightly higher highs but without the momentum FSLR had is why I kept it on a tighter leash and choose not to hold to its 5 minute 20 sma, which had been my initial target.