I commence with my gratitude to The Ultimate All-Knower
There is rare pattern in the Financial Markets, called “Mirror Image Fold Back”.
In this pattern, there is always one gravity center of the pattern. Art and Tricky part is to determine the gravity center, when it has just developed recently, then it would be easy to forecast the next price move in the subject market.
This is an example of an almost perfect pattern, which is very rare.
What is the next move now??
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
Amazing insight
Thanks Mr Syed
Thank you, Mr. Syed.
But I have a question. Why is this pattern not an inverted head and shoulders?
If it is the mirror fold back reflection pattern, would it reflect all the way back to the 2002/2003 lows ?
Wish you and your family Merry Christmas and Happy New Year!
Merry Christmas!
Herbert