


OBR
Hi there, So my predicted Inverse head and shoulders didn't quite reach it's target. But I did manage to scalp some profit... Wasn't feeling exceptionally confident about the rally from a gut feeling and reading others' TA. Nevertheless, now we have a perfect setup. A bigger Head and Shoulders pattern has emerged and it will be perfectly timed with the dump of...
Targets of the initial head and shoulders patterns were met, albeit after the market played mindgames on the traders, with giant drops out of the ascending wedges. Now I see two competing Head and Shoulders patterns. Which one will break the neckline first? I'm personally using the lines of invalidation as entry and exit points. I think it is safe as it will...
Yesterday the IHS turned into an ascending wedge then backfired. What will happen today? The book says take a position if we break the neckline, with tight stops below the neckline. Trade at your own discretion. GOOD LUCK BULLS!
Stop if we make a lower low. GL fellow bulls.
It's not perfectly drawn and the target is only an estimate, but so many coins have followed the same pattern. Might get a bounce before the decline.