Elliott Wave and Index Trends with POKERSAM Message Board

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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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Mongo2116

sunabeach

To: POKERSAM who wrote (1405)	5/3/2023 10:20:53 PM
From: Kirk ©	2 Recommendations Read Replies (1) of 1780

I'm 99.9% sure you are wrong saying H&S still in play Why? The pattern is not predictive UNTIL it breaks the neckline. It is not in play if the second shoulder is still forming. It has to finish by breaking the neckline otherwise it is just a potential H&S pattern. Look it up if you don't believe me. I agree with this Head and shoulder top ranks 9 out of 36 patterns and has a 19% failure rate. the H&S is one of the better ones and my guess is many of its "failures" is from people who don't apply it properly.

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