XJO 0.25% 7,699.8 s&p/asx 200

friday frollics, page-27

  1. 17,444 Posts.
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    You guys are very brave.

    No pattern ever guaranteed a result, but there isn't a more bearish pattern in the book.

    Why is it very bearish?

    Because it is a complex pattern over an extended time incorporating every bearish aspect you could imagine.

    1. A lower double top.

    2. A broken double bottom.

    3. A lower top after a lower double top.

    4. A failed retest of the double bottom.

    If that doesn't work then forget pattern analysis.

 
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