1) Flag and Pennant:
Break-even failure rate for up/down breakouts: 54%/54%
Average rise/decline: 7%/6%
Percentage meeting price target for up/down breakouts: 35%/32%
2) 3 White Soldiers:
Theoretical performance: Bullish reversal
Tested performance: Bullish reversal 82% of the time
Frequency rank: 67
Overall performance rank: 32
3) Adam&Eve Double Bottom:
Overall performance rank (1 is best): 17 out of 39
Break even failure rate: 12%
Average rise: 43%
Throwback rate: 67%
Percentage meeting price target: 69%
4) .50 to .382 confluence
70% success rate
Overall Score: 64.25% of hitting T2, 80%+ Of hitting T1 Within 90 days.
Stats collected from Thomas Bulkowski's thepatternsite.com
Break-even failure rate for up/down breakouts: 54%/54%
Average rise/decline: 7%/6%
Percentage meeting price target for up/down breakouts: 35%/32%
2) 3 White Soldiers:
Theoretical performance: Bullish reversal
Tested performance: Bullish reversal 82% of the time
Frequency rank: 67
Overall performance rank: 32
3) Adam&Eve Double Bottom:
Overall performance rank (1 is best): 17 out of 39
Break even failure rate: 12%
Average rise: 43%
Throwback rate: 67%
Percentage meeting price target: 69%
4) .50 to .382 confluence
70% success rate
Overall Score: 64.25% of hitting T2, 80%+ Of hitting T1 Within 90 days.
Stats collected from Thomas Bulkowski's thepatternsite.com