“XLV. For now it is mapping out as I asked it to do last week. Time will tell if that is the correct view.”- How is it no one commented on this brilliant post? Helen’s take on the Utes is a close second. Thank you for fabulous chart fest!
Thanks Helene, but that's not what I meant. Replace "candles" with "bars" in my question.
Or I could rephrase my question as "If I remove one or two days from the price history, the RS virtually disappears. Does such a narrow head impact your confidence in the pattern?"
Thanks Helene! My question certainly wasn't meant to be thinly veiled criticism. The pattern matching and analytical sides of my brain were embattled in a cage match over some of those charts, and I couldn't decide who should win.
I get it. But I am literally just sharing with you what strikes me when I look at the chart. As I said some will work and some will not. That's markets. If it worked every time I would be on a beach somewhere not even watching markets!
“XLV. For now it is mapping out as I asked it to do last week. Time will tell if that is the correct view.”- How is it no one commented on this brilliant post? Helen’s take on the Utes is a close second. Thank you for fabulous chart fest!
Great work!
The heads on some of your H&S are just 1-2 candles. Does that weigh on your confidence in the patterns?
I would have to know about candles to comment. I use HLC charts. I have not studied candles so I should keep my mouth shut on the subject.
Thanks Helene, but that's not what I meant. Replace "candles" with "bars" in my question.
Or I could rephrase my question as "If I remove one or two days from the price history, the RS virtually disappears. Does such a narrow head impact your confidence in the pattern?"
it doesn't because i see what i see. could it be wrong? sure. but i just draw what strikes me. i am not a cmt.
Thanks Helene! My question certainly wasn't meant to be thinly veiled criticism. The pattern matching and analytical sides of my brain were embattled in a cage match over some of those charts, and I couldn't decide who should win.
I get it. But I am literally just sharing with you what strikes me when I look at the chart. As I said some will work and some will not. That's markets. If it worked every time I would be on a beach somewhere not even watching markets!