Russia GDP: Incomplete Head & Shoulders
Here is an example of how many traders use classic chart patterns. We look at the chart and draw lines where they are absent, complementing facts with our imagination to confirm our beliefs.
When using charting tools, please use historic data and refrain from drawing lines where they are not present yet. If you analyze candle patterns, use only candles that were closed.
And yet, sometimes the pattern is clear before the candle is closed, just like the example of Russian economy now.
When using charting tools, please use historic data and refrain from drawing lines where they are not present yet. If you analyze candle patterns, use only candles that were closed.
And yet, sometimes the pattern is clear before the candle is closed, just like the example of Russian economy now.
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