BATS:GRPN   GROUPON INC
170 2 2
Adjusted for today's move. This could still be in play
Just a question - how do you enter this trade or get confirmation to take a trade? How do you exit a trade like this? Curious....
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KLang PRO timwest
It depends on when you identify it. If I was already in - I'd make the adjustment to see if it's still valid and see what the range is on the "C." Making that my stop. If I find the pattern later, I wait until "B" is confirmed. With Crabs, or patterns whose tgt is above "X" on, say, a weekly chart, if I've found the pattern late in the game, I'll wait for "X" to confirm. It all depends. Also, if there is another possible pattern, like an AB=CB on a larger time frame, is possible, I'll wait for the "B."
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