BATS:BHI   BAKER HUGHES INC
130 3 1
Still has a bullish look while others in the group have fallen apart.
Nice! Last Thur touched your 1st tgt, last Fri touched your 1.13 XA, yesterday back tested your bull flag tgt, and today it is shooting for the 2.24 BC. I suspect that the market maker is using your chart for their operation!!!
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KLang huntingsniper
I think that's why these work so well :) Also the tgt of the pattern is the XA - they sometimes go further.
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Have recently gotten the book, Trade What You See, which features info on butterflies, etc. w/ fib values. Looks like a similar approach. Have to test some of the principles.
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