I have somewhat a love/hate relationship with head and shoulders. Gotta love them for the epic and highly forecastable reversal trades they produce.
However, they're low win rate. About 1/3 in work. Easy to get false signals on the others because the HS is such an obvious pattern.
If this turns out to be one of the successful ones, a mighty dump in the DJI is implied in the somewhat near future.
However, they're low win rate. About 1/3 in work. Easy to get false signals on the others because the HS is such an obvious pattern.
If this turns out to be one of the successful ones, a mighty dump in the DJI is implied in the somewhat near future.