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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: skinowski who wrote (28909)7/6/2018 10:46:39 AM
From: skinowski  Read Replies (1) of 41496
 
Meanwhile, back at the ranch, the neckline of the putative inverse H&S on the 30 min chart has been broken.

H&S is a reversal pattern, but is also a strong continuation signal - IF it fails.

This gives us a nice line in the sand -- IF the market ends up closing lower than, roughly, yesterday's close - that could be a sign of failure of that inverse H&S.
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