DislikedHi Luis Carlos,
I am new to this forum, what is the reasoning behind your bullish target for December?
I see H&S H4 Chart in sync with Elliot Waves and Bat Pattern taking us down to 1.20 around Xmas..
Thanks
GrayIgnored
It is the way how you look. Right now I have not confirmation of a reversal in the short term just a correction in the Weekly, daily, 8h and 4h chart. Until I have not confirmation I must stick with the bull market. When I have the confirmation I will say: "ok guys, we dont go to any moon just down"
This week is very important technically speaking the chart should show us the way for the december. Maybe the FOMC is the trigger who knows, but i need the confirmation to change to the bear view.
Do you know about continuation H&S? 1.334/6 is pessimistic target ideal is 1.348/1.35.
Stocktwit: LuisCarlos - twitter: @lcparodi