Head and shoulder pattern
KRX:KOSPI TVC:DJI XETR:DAX TVC:NI225 NASDAQ:IXIC HSI:HSI INDEX:CAC40 Global warming is likely to put the eastern United States and Western Europe in a desperate economic crisis. look the left shoulder of H&S pattern. It was formed around the same period in 1998 - 2002, largely in each country. You can see that the slope of the neckline varies from country to...
Bitcoin 's price at 21 FEB ,will hit $90000-100000 cause there are right shoulder of bitcoin first H&S pattern.
If Now is Elliot "C" Wave it will make downward H&S but Now is Elliot "5" Wave it will make upward H&S but I thinks BLX's Trading volume says Now is "C" wave. let's see how it will go
Elliot 5WAVE POWER ranking 1W > 3W >5W looking for the 1W candles. they are existing outline of first shoulder very tightly. looking for the 3W candles. they are existing outline of Head but less tight than 1W. we are in 5W and going to low. 5W uptrend very weak. compare with 1W, 3W it is not powerful uptrend. so how about 5W downtrend... I think 5W...
I think it is looks better than previous version.