Take the height of the head to the neckline and add the distance together to form the price target for a head and shoulders pattern. Both of the shoulders and head are as well H&S patterns on Shorter time frames. The Support lines are possible rejections zones. People make fun of me when I tell them I look mostly at 1 min charts. Especially when it comes to...
AAPL Looks to be very possibly fitting well within the given ranges of a Bearish Butterfly harmonic pattern. See attached image for fib levels. The "B" point is very slightly above the required .786 level, with within range to legally call this butterfly pattern in my opinion. While I am not currently trading this, just an interesting contrarian view in the face...
Good morning ladies and gents. I am currently in favor of the descending triangle over the symmetrical triangle simply because each swing low tests a support zone compared to your swing highs which are just making drastic lower lows without an actual resistance zone. That being said, let's look at this in a bullish perspective if the breakout happened to the...
This is the first time you will ever see me giving speculation on the market, but this is a very speculative Bearish Butterfly in development on the Weekly Time Frame. First we'd need confirmation of the potential Descending triangle. But how I came up with these targets and patterns is using the same math and patterns that have developed in the 2017 bull run and...
Bearish Butterfly pattern going to complete the "D" leg before the downfall
KSCL - Completed Bearish Butterfly Pattern. Price reversed from the PRZ and now waiting for the 1st Target.