Posted by chartboy on 26th of Oct 2020 at 09:17 am
Just a tip. h&s patterns are primarily reversals patterns at
highs and lows. Occasionally continuation patterns. However, in all
cases there should be a trend in place coming into the
pattern. In this case, what you indicated as a h&s is not, as
it sits alongside other range bound trading to the left of the
short period you highlighted.
Gold futures. Head and shoulder
Posted by johnny2012 on 25th of Oct 2020 at 09:42 pm
Gold futures. Head and shoulder look. Measures down to mid 1800s. Just stay on your toes with the stimulus talks.
Just a tip. h&s patterns
Posted by chartboy on 26th of Oct 2020 at 09:17 am
Just a tip. h&s patterns are primarily reversals patterns at highs and lows. Occasionally continuation patterns. However, in all cases there should be a trend in place coming into the pattern. In this case, what you indicated as a h&s is not, as it sits alongside other range bound trading to the left of the short period you highlighted.
Was just an observation in
Posted by johnny2012 on 26th of Oct 2020 at 09:33 am
Was just an observation in the futures. I trade different time frames and saw that so just putting it out there.