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This is why we have entry triggers. I posted this chart pointing out a bear flag in EL on the day marked with an arrow, suggesting that a good entry would be to enter on a weak close. A few days later, the stock is higher, but disciplined traders should never have taken the trade. Think about it like this: the pattern shows the potential in the market, but the entry trigger assures that short-term conditions are favorable for the trade—in other words, we’re jumping on a train that is moving in the right direction. Identifying potential patterns in the market is part of the problem, but you will likely find your results improve dramatically if you add an entry trigger to the trade.