If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. However, to apply the technical rules for volume in a Head and Shoulder Top pattern the head volume should be much greater so it may be an imposter!
Most problem reason top of Wave 5 in an Expanded Flat:-
thepatternsite.com/EWExpanded.html
www.chartpatterns.co...shoulderscharts_.htm
Most problem reason top of Wave 5 in an Expanded Flat:-
thepatternsite.com/EWExpanded.html
www.chartpatterns.co...shoulderscharts_.htm
Trade active:
Trade active:
Followed by a Regular Flat :-
