NEO Forward Discernment Shows an Inverted Head & Shoulder Potential

in neo •  7 years ago 

SUMMARY

NEO has been making very wide and broad stroked price swing waves within the confines of the contracting triangle lines. The ABCDE are shown in the chart of which ABC are complete. The lower white line has held as support, thus far; though a temporary piercing has generated a bull flag. The blue three wave abc show the next sequences remaining towards D and E.

Subwaves point to higher highs, given also the potential effect of the bull flag. Forward discernment can conceptualize a bullish inverted head and shoulders pattern. The LS, H and RS components are marked and so thus far, RS is still in progress of being patterned out for it to be considered complete. The white horizontal Neckline then needs to be breached for the IHS to be considered confirmed.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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thanks for the analysis! seems a nice buying time

Haejin.png

Heajin! Thankyou for your TA
. Could you update EOS also?

I don’t daytrade. The only secret to making $1 Mil by day trading is to start with $2 Mil.

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Hgin You should stop your SCAMS NOW!!!

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doesnt that first chart qualify as a descending triangle? wouldn't that appear to be bearish?

Interesting. Can you elaborate?

sorry im a bit of a noob when it comes to TA. if you type descending triangle in google the pictures clearly look like the first chart. am i wrong?

  ·  7 years ago Reveal Comment

my trustfund is only 4.2 mill i cant touch till im a certain age, maybe lemonade stand it to get some cash?

The only secret to making $1 Mil by day trading is to start with $2 Mil.

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No matter what...the best take away is...buy the f'ing dip.

Make sure you downvote all of @Haejin's scammy post!!!

Screenshot (85)_LI.jpg


Hgin You should stop your SCAMS NOW!!!

https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts


It's only meant for use as informative or entertainment purposes.

Haejin You do not provide any entertainment. I brought you some.

@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.


YOU CAN EARN MORE MONEY ON STEEMIT BY DOWNVOTING @HAEJIN

VISIT @FLAGAWHALE FOR MORE DETAILS

Good post !!!

I wish you MAAAAAAASSSSSSIVVVE PROFITS!!

Thank you.

busy

해진님은 암호화폐 커뮤니티에서 유명한 분이에요.

SYS코인에 대해 정보를 좀 공유해주시겠어요~

NEO처럼 좋은 플렛폼 코인이라서 주목될것 같아요.

여기 한국 사람도 있나요? ^^

난 당신 거 대 한 이익을 기원 합니다!

네. 여기 한국사람도 있습니다~