DislikedOkay, so great people. It's Friday and the weekend is here. So, do we have H&S in place yet ?
NO.
It's not ready yet. Most of the components needed in a classic Head/Shoulders pattern are present,
(left shoulder, 1st neckline touch, nice distribution top for a head, 2nd neckline touch, right shoulder: maybe still working)
But, we are missing the last two and most important components of the pattern:
1) a decisive break of the neckline. I'd like to see a good 50 to 100 pips break w/ volume.
and
2) a retest of the broken...Ignored
- Post #109,901
- Quote
- Jun 12, 2009 4:11pm Jun 12, 2009 4:11pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #109,902
- Quote
- Jun 12, 2009 4:14pm Jun 12, 2009 4:14pm
- Joined Oct 2008 | Status: sideline is a position | 97,645 Posts | Online Now
those who can, do. those who cant, talk about those who can
- Post #109,903
- Quote
- Jun 12, 2009 4:15pm Jun 12, 2009 4:15pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- Post #109,904
- Quote
- Jun 12, 2009 4:16pm Jun 12, 2009 4:16pm
- Joined Oct 2008 | Status: sideline is a position | 97,645 Posts | Online Now
those who can, do. those who cant, talk about those who can
- Post #109,905
- Quote
- Jun 12, 2009 4:20pm Jun 12, 2009 4:20pm
- Joined Oct 2008 | Status: sideline is a position | 97,645 Posts | Online Now
those who can, do. those who cant, talk about those who can
- Post #109,906
- Quote
- Jun 12, 2009 4:24pm Jun 12, 2009 4:24pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
- Post #109,907
- Quote
- Jun 12, 2009 4:25pm Jun 12, 2009 4:25pm
- | Joined Aug 2007 | Status: Say what ? | 1,888 Posts
- Post #109,909
- Quote
- Jun 12, 2009 4:27pm Jun 12, 2009 4:27pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #109,910
- Quote
- Jun 12, 2009 4:27pm Jun 12, 2009 4:27pm
- Joined Oct 2008 | Status: sideline is a position | 97,645 Posts | Online Now
those who can, do. those who cant, talk about those who can
- Post #109,911
- Quote
- Edited 4:31pm Jun 12, 2009 4:28pm | Edited 4:31pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- Post #109,912
- Quote
- Jun 12, 2009 4:29pm Jun 12, 2009 4:29pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #109,913
- Quote
- Jun 12, 2009 4:31pm Jun 12, 2009 4:31pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #109,914
- Quote
- Jun 12, 2009 4:34pm Jun 12, 2009 4:34pm
- Joined Oct 2008 | Status: sideline is a position | 97,645 Posts | Online Now
those who can, do. those who cant, talk about those who can
- Post #109,915
- Quote
- Jun 12, 2009 4:38pm Jun 12, 2009 4:38pm
- Joined Oct 2008 | Status: sideline is a position | 97,645 Posts | Online Now
those who can, do. those who cant, talk about those who can
- Post #109,916
- Quote
- Jun 12, 2009 4:38pm Jun 12, 2009 4:38pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
- Post #109,918
- Quote
- Jun 12, 2009 4:43pm Jun 12, 2009 4:43pm
- Joined Oct 2008 | Status: sideline is a position | 97,645 Posts | Online Now
those who can, do. those who cant, talk about those who can
- Post #109,920
- Quote
- Jun 12, 2009 4:47pm Jun 12, 2009 4:47pm
- Joined Oct 2008 | Status: sideline is a position | 97,645 Posts | Online Now
those who can, do. those who cant, talk about those who can