gregpap

ETCUSD is the perfect example

KRAKEN:ETCUSD   Ethereum Classic
This is an example to show that classic TA doesnt work, its a typical H&S pattern that if triggers gives target -24$....I illustrate this example to show that many times we see what we wanna see only, and this is not the reality. I can also find countless examples like this one, also more on the fibo studies as well. I know I might spoil the dream of many rookies here but better to learn it from the beginning and try to focus elsewhere. Please feel free to comment, I am sure there is gonna be a big discussion!

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Ex-bank prop trader,23+yrs experience trading FX and Fixed income. Semi-retired now trading for the fun. Join our YouTube youtube.com/c/Tradingmarkets
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