Double Top and Reverse Head and Shoulders Day

[SevenFX]

Hi

One would think if this chart is right, there would be a panic selloff, so I assuming I got something wrong....

If tis all in the eye, I need a checkup, as I see a double top combined with a reverse head n shoulders.....unless I had the chart patters book upside down which would explain why today is a bullish day...????

Any thoughts please.... or even better a chart on how I should have drawn the day..

edit: Opps maybe maybe the xjo at the pime of posting has just taken a bearish turn...?????

Thanks
SevenFX

 

[Sean K]

Re: Double Top & Reverse Head n Shoulders Day

Hi

One would think if this chart is right, there would be a panic selloff, so I assuming I got something wrong....

If tis all in the eye, I need a checkup, as I see a double top combined with a reverse head n shoulders.....unless I had the chart patters book upside down which would explain why today is a bullish day...????

Any thoughts please.... or even better a chart on how I should have drawn the day..

edit: Opps maybe maybe the xjo at the pime of posting has just taken a bearish turn...?????

Thanks
SevenFX

I think as one of the shoulders is below the reverse head, then it doesn't technically fit the profile. I think. ??

Could double top. Time will tell. Of course.

 

[SevenFX]

Re: Double Top & Reverse Head n Shoulders Day

I actually picked this one b4 the completion of the second shoulder, but risky for me to trade OS and deal with currency ATM...and besides it was just a hunch...well actually a "shoulder".

Huge UPSIDE in hindsight...

Sae Le Vee..????

Thanks Kennas