The One-Two Punch is an Indicator Pattern combination
It combines the Stochastic when it is in the oversold area and "Hooking" up
It combines the Stochastic when it is in the oversold area and "Hooking" up
followed shortly afterwards by the main MACD moving average beginning to Hook up.
This signal-set usually triggers as a price bottom is printing.
They often fire simultaneously on multiple time frames
They often fire along with price action patterns too...
Use the 1-2 Punch pattern as a stand alone signal set or use it as additional confirmation
Use the 1-2 Punch pattern as a stand alone signal set or use it as additional confirmation
One to get ready, two for the dough
Combine patterns and time frames and patterns
Zeroing in on the pattern
The MACD is for TREND, the Stochastic tells you WHEN
Zeroing in on the pattern
The MACD is for TREND, the Stochastic tells you WHEN