Hello traders!
This is a different type of Pattern than the Head and shoulder Pattern. First of all, I must inform you that if you want to grow your account then do the opposite of what so-called gurus told you. I know how they are spreading false methods and people are losing lots of money even they follow perfectly what they are taught they will still lose money.
The same theory applies in the head & shoulder pattern, people sell after the breakout of H&S pattern but what happens in reality is, the market pumps after the breakout. So you must buy the breakout of the H&S pattern. That simple and easy money.
The probability of moving downward after the breakout of H&S is 1 out of 6 and 5 out of 6 times market pumps and people lose money because they were taught wrong and people try to apply the same losing method in a perfect scenario and still lose.
This pattern looks similar to the Head and shoulder pattern but its functionality is different. The probability of moving downward is 4 out of 6 times. So we must choose the better probability side.
The support is at 16.5 dollars. It's about 20% depreciation, so let's enjoy the ride.
Don't forget to hit the like button and follow to stay connected.
This is a different type of Pattern than the Head and shoulder Pattern. First of all, I must inform you that if you want to grow your account then do the opposite of what so-called gurus told you. I know how they are spreading false methods and people are losing lots of money even they follow perfectly what they are taught they will still lose money.
The same theory applies in the head & shoulder pattern, people sell after the breakout of H&S pattern but what happens in reality is, the market pumps after the breakout. So you must buy the breakout of the H&S pattern. That simple and easy money.
The probability of moving downward after the breakout of H&S is 1 out of 6 and 5 out of 6 times market pumps and people lose money because they were taught wrong and people try to apply the same losing method in a perfect scenario and still lose.
This pattern looks similar to the Head and shoulder pattern but its functionality is different. The probability of moving downward is 4 out of 6 times. So we must choose the better probability side.
The support is at 16.5 dollars. It's about 20% depreciation, so let's enjoy the ride.
Don't forget to hit the like button and follow to stay connected.