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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (73867)11/14/2022 4:41:41 PM
From: Sun Tzu  Read Replies (1) | Respond to of 97601
 
I have a question. Aren't those two butterflies really just one butterfly (same X, ABC)?
I am assuming that butterfly has a range so the first one is the lower range and 2nd marks the upper range? If that is the case, then why should there be a support if it was just one butterfly and we didn't know where it completed?

Am I making any sense?

Also, in case it does turn around and go up, where is the HOP(s)?