You were spot on the money last time, when you predicted reversal around 7260, let's see how this pans out :) Thank you for all your input!
Iaroslav_B
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Inverse H&S at work.
PatrickBislev
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You mean this is an inverse hs? this is a good sign however.
R21
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From the stock exchange there are two traders, one in shorts, the other completely naked. Naked says that in shorts:
"This is Vasya, for which I respect you, you can stop in time."
Wolverinos
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your Elliott waves on the other hand are rubbish..
Wolverinos
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could be, but it's not the nicest H&S ... if you draw your rising wedge bigger, we're in a larger rising wedge atm. just hoping this is a bullflag and breaks out above the high of May 24 or 7700
GabrielVasile
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I told you
rafbie
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I think this one might be of interest to you.
BTCryptic
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@rafalbielenia, The only problem I see with that is..everything I've read about a symmetrical triangle show that the odds are it will be a continuation of the current trend line. I've read everything from 75% (continuation) to most recently a tweet from Peter Brandt stating something like 67% (I think). I see the same pattern, and really appreciate your optimism, but I'm a bit more of a skeptic myself.