For your consideration:
I have been monitoring this Long Tern Head and Shoulder pattern that began 12/24/2020 and completed 05/09/2022. There are several other Head and Shoulders patterns within the largest one that are color coded and have measured moves to the corresponding price levels... all have played out as expected. The only one left to fully meet its target is the LT H&S ($13.3K). I have used each of these to correctly navigate the market over the past 1.5 years
Orange H&S: 02/09/21 to 05/14/2021 = 32% drop to $30.5K (hit)
Yellow H&S = 08/0502021 to 01/20/2022 = 43% drop to $22.5K (hit)
Red H&S = 01/25/22 to 05/04/2022 = 25% drop to
29K (hit)
White H&S: 12/24/20 to 05/09/2022 = 57% drop to $13.3K (still yet to hit)
If this continues the bottom IS NOT in!
NFA
I have been monitoring this Long Tern Head and Shoulder pattern that began 12/24/2020 and completed 05/09/2022. There are several other Head and Shoulders patterns within the largest one that are color coded and have measured moves to the corresponding price levels... all have played out as expected. The only one left to fully meet its target is the LT H&S ($13.3K). I have used each of these to correctly navigate the market over the past 1.5 years
Orange H&S: 02/09/21 to 05/14/2021 = 32% drop to $30.5K (hit)
Yellow H&S = 08/0502021 to 01/20/2022 = 43% drop to $22.5K (hit)
Red H&S = 01/25/22 to 05/04/2022 = 25% drop to
29K (hit)White H&S: 12/24/20 to 05/09/2022 = 57% drop to $13.3K (still yet to hit)
If this continues the bottom IS NOT in!
NFA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.