Yes sir, I betcha volume was declining on each top, with divergence on oscillators...
jangseohee
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still, price of TSLA break and close above neckline
jangseohee
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Merry Xmas & Happy 2015 to you Ivan!
IvanLabrie
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Not a correctly drawn H&S...It has to be a top, with nothing on the left, and declining volume on the way up (probably a wave 5 top basically...and a zigzag correction that's starting)
jangseohee
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thanks mate, very profound, i guess my TA skill still a quarter pail only compare to yours :-)
IvanLabrie
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Not meant as something offensive, just that I've spotted these kind of patterns before and got severely screwed up by it being a continuation pattern in an uptrend ;)
If you scroll through patterns like these in other's peoples charts you'll see.
Check this one out:
tradingview.com/v/pNJ1CBwr/ tradingview.com/v/KGHS7ohw/ tradingview.com/v/qMHuIbhc/ Learned the hard way.
jangseohee
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come on, i take this constructively i want to learn also.. thanks for sharing your mistakes