Disliked{quote} Often HnS are continuation patterns and we see that with the HnS that broke the neckline in October but which then reversed in a continuation of the prior move. No way of knowing of course how things will pan out this time. {image}Ignored
Hi Boy Wonder.
Thanks for your input about these 'H&S'. Formaxinvest and I were thinking aloud about the accuracy and how plentiful they are out there. You expressed what I was thinking so succinctly. Whthout them breaking the neckline they are more likely to be continuation patterns. It also makes sense in the EW theory as it would sometimes correspond to a retracement structure/pattern called a'flat'
Guys a big thank you for the quality of discussion here
Olu
Find a trend and milk it for all it is worth. That's how to be profitable