Let's examine how a head and shoulders is usually formed by a wave 4 and 5 and an A & B wave, the C wave is the sell off after the head and shoulders.
I use this pattern to predict a head and shoulders AT THE RIGHT NECKLINE. In this case 90 minutes in advance.. So 6 X 15 minute candles in advance we can predicted a H & S and a selloff, sound valubale?
if you understand this concept please give a thumbs up.
To go over price action again, we are going up on 5 waves. Wave 4 creates the left shoulder. After wave 5 we come down on an A wave, that is the right neckline.
This is where You can predict an B wave UP, and if it doesn't go higher than the previous wave 5, we will get a typical head and shoulder sell off after the wave B up.
I use this pattern to predict a head and shoulders AT THE RIGHT NECKLINE. In this case 90 minutes in advance.. So 6 X 15 minute candles in advance we can predicted a H & S and a selloff, sound valubale?
if you understand this concept please give a thumbs up.
To go over price action again, we are going up on 5 waves. Wave 4 creates the left shoulder. After wave 5 we come down on an A wave, that is the right neckline.
This is where You can predict an B wave UP, and if it doesn't go higher than the previous wave 5, we will get a typical head and shoulder sell off after the wave B up.
註釋
註釋
We got the selloff I predicted at the neck, up on B wave then down off head and shoulders, trade closed, lesson learned. 
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