Possible Fulcrum bottom for a trend reversal.
fulcrum bottom occurs when
a market forms a complex H&S top pattern after a prolonged and extended
decline.
Fulcrum point refers to a turning point for a security or the economy in general that marks a major change in direction.
but
"The compound fulcrum is an extremely rare pattern. In fact, if a chartist
diagnoses this pattern more than once every few years, then it is being overdiagnosed." Peterlbrandt
a market forms a complex H&S top pattern after a prolonged and extended
decline.
Fulcrum point refers to a turning point for a security or the economy in general that marks a major change in direction.
but
"The compound fulcrum is an extremely rare pattern. In fact, if a chartist
diagnoses this pattern more than once every few years, then it is being overdiagnosed." Peterlbrandt
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