Yet another inverse H&S patten in YM

Quote from opm8:

Looks like every other squiggly line that gets posted on dacharts.com.
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What are you talking about that chart has two indicators a single moving average and an oscillator. At dacharts you cant get through the door with less that 10 indicators.
 
I'm not trying to be confrontational and I'm aware that patterns can be somewhat subjective but I don't don't see a reverse H&S on that chart.
 
Quote from TL Trader:

I'm not trying to be confrontational and I'm aware that patterns can be somewhat subjective but I don't don't see a reverse H&S on that chart.
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It failed, it was setting up nicely, and they have a good success rate after an intraday down trend. They appear just about every day.
 
And here's a reverse Zammelman FlipFlop triangle that didn't materialize. At least I caught the 7th wave diagonal PowerPoint, though. LOL

--opm8

<img src=http://charts.dacharts.com/2005-07-21/El_27.png>
 
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