HUI Morphed
60 minute charts patterns are not as reliable as daily patterns which are less reliable than weekly and so forth.
Yesterday we had what appeared to be a breakout ….dashed lines
Rambus teaches that patterns can “morph” ..here is what we have now
IF the bottom line goes I will be more concerned and cautions BUT that could also turn out to be a morph.
Morphology 101
You just answered the reliability question I had been wanting to ask. As a rookie, I have been studying charts of many time ranges, but have noticed that my decision making and profits seems to be way more comfortable using longer term charts. Thanks to Eagle and a few others, I get plenty of short term charts to learn from. Thanks Fully for raising my awareness on morphing! This is one of the few times in my life where I stood a chance of getting paid while receiving a not replaceable education. Thanks again to every contributor here!! I love this school 🙂
Optional You are the teachers pet !
Love your enthusiasm.
Keep on learning . Its a curve for sure