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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM
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To: POKERSAM who wrote (1407)5/4/2023 9:29:50 AM
From: Kirk ©2 Recommendations

Recommended By
rogermci®
sunabeach

   of 1780
 
It could be semantics, but to me, to be "in play" a pattern has to be complete and making a prediction.

H&S patterns don't become predictive until they break the neckline and more predictive if done with volume.

The one you showed is a "POTENTIAL H&S top pattern."

Until the neckline breaks, flipping a coin is just as predictive. It could make a higher high with less of a move than what it would take to fall and break the neckline.
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