Here is a weekly chart example of the Over Under pattern. The pattern uses the red Sun 1×1 line. The price step is 0.05 (5 cents) per 1 longitude degree. The chart below shows ebay, symbol EBAY. The letters A, B and C mark the important points in the Over Under pattern. The lines are drawn up from a swing bottom. The price must stay above the planet line for a period of time. In this example the price stayed above the Sun’s 1×1 line until the top at point A.

.

After point A the price fell below the Sun’s 1×1 line at point B. The final part of the pattern occurs when the price rallies back up to the planet line at point C. Once the price reaches the planet line at point C, the pattern in complete and we expect the market to turn and decline. After point C is where we look for an opportunity to sell short.

End