Why do we need wave analysis if we have heads and shoulders?
Updated
In the last idea, we looked at the bullish flag and the triangle. But something went wrong and everywhere the output was down. Fortunately, we only go in the breakdown, and therefore not lost anything. Also wave analysis ceased to give any signals. And all that with great probability has grown into an inverted head and shoulders. I considered before that the usual head and shoulders with output down, but the buyers did not let this happen. So I give my voice towards this setup. My colleagues also think too
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in fact, now the situation is risky. As there is 3 of a kind pattern that I see. Inverted heads and shoulders, normal heads and shoulders, and a far-reaching diagonal triangle. Suggest to enter on the breakout, with less risk of your Mani managementNote
The price bounced off the first resistance
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In this situation, you can take a chance to go to these zones. In the waves the all clear
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Correction is done
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this idea takes place until there are waves in our new triangleNote
the price at any time can break the neck and go higher, so watch the breakdownOrder cancelled
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