The chart pattern of the Big M is accomplished according metrics descripted in the Chapter 1 of the book 'Chart Patterns: After the Buy' by the author BULKOWSKI, Thomas N.
The rules of the Big M stablished a breakout (D) dawnward of 7% average (less than 10%) from the valley (B) between the Double Tops (A, C) and a pullback upward in formation of the right peak (E). The CORRECTION from the peak E projects an 17% average above the valley-line (B).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.