I am fascinated by this. You absolutely nailed the prediction - even the resistence at $5.30! Nice work. I have been learning to read charts for about a year now but this feels next level. I can see the inverted head and shoulders pattern but only easily when you mark it out - even now it doesn't seem obvious on the charts to me. How do you spot these? Is it just a case of painstakingly looking at a number of charts to see if you can make out anything like this? Also, how did you calculate the target of around $7? Sorry for the questions but I follow you on Trading View and would love to undertstand more.
Hi thank you for your kind words, its honestly just a lot of learning and repetition. Also reading and many hours of analysing charts. it will become second nature when you do it long enough as with anything else. $7 target came from the fib levels and also the neck line of the IH&S.