I look for symmetry in intraday patterns - cups and H&S are high...

I look for symmetry in intraday patterns - cups and H&S are high perct% plays as they provide reliable timing and pivots.

Typical cups are made up of a LHS bull flag and RHS bear flag (channels) - and fibs levels define cups throughout, with the 50Fib a failure point of any cup - regardless if a handle forms or not. Often the neckline affords shorts with tight stops - flipso facto if upside down.

Top of the cup becomes a neckline on breakout ... or it evolves into something larger. #justsaying