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multi year chart update in hurst envelopes, page-5

  1. 2,006 Posts.
    Hi dascore, thank you for the most interesting chart.

    I'm strictly layman in this field but even I can see a repeating pattern here.

    I've borrowed your chart to illustrate my point.

    It looks like a 3rd cup and handle has formed.

    The previous 2 had good results. This time the bottom of the cup touched a higher low so (technically speaking) we could presumably be aiming for a higher high?

    Your expert opinion would be appreciated. :)

 
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