another Head&Shoulders pattern is more than likely to occur

11 dic 2019

Hello Ladies and Gentlemen, this is rather a very bold prediction, but we need liquidity, we can't start from where we are now, can we? We, obviously can not, as I said - we need the price dive into the liquidity pools, we need all the retail SL's hit and done before we take off. So, considering the fact that the retail traders are confused, institutions might be also as well, it is likely that classic TA formations continue to occur on charts. Trading is an extension of the very core of human instincts and psychological patterns. That's why I think it is possible that we see another H&S pattern on charts within a few days, as the classic TA patterns, in a way, are the essence of trading itself.