LTR 1.79% 82.5¢ liontown resources limited

New TA/Charting, page-6756

  1. 6,271 Posts.
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    The last few days have been a clear demonstration of why I immensely dislike chart patterns, because they cause people to become overly optimistic or pessimistic and then they fail to work out or fail to reach their targets. In my book reaching x% of the theoretical target simply isn't what I'm after and the pattern site gives enough samples of failure rates etc.
    I sorry if I misguided anyone to buy on the base of the C&H pattern I suggested.

    So I'm back to my trusted EWT backed up by Fibonacci ratios and the indicators, their settings I know work for me and the wave counts even if based on new data I sometimes have to adjust them to reflect reality.
    https://hotcopper.com.au/data/attachments/3895/3895633-19055f539299da2a94f40cb1eb599d97.jpg

 
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