I see this too much these days, And I want to share why IT IS WRONG !
Well , as far as we are talking about harmonic patterns , I should say WE CAN NOT SAY THIS IS A HARMONIC PATTERN , BEFORE IT APPEARS.
If we do so , it would be a disrespectful behavior to the essence of harmonic patterns , but its not bad to say this is a possibility.
Technically , its not true to say its a Crab , before the D point of the crab pattern is discovered .
It doesn't matter if the prediction is true , it just can be a possibility of a crab , AND THAT'S ALL !
Well , as far as we are talking about harmonic patterns , I should say WE CAN NOT SAY THIS IS A HARMONIC PATTERN , BEFORE IT APPEARS.
If we do so , it would be a disrespectful behavior to the essence of harmonic patterns , but its not bad to say this is a possibility.
Technically , its not true to say its a Crab , before the D point of the crab pattern is discovered .
It doesn't matter if the prediction is true , it just can be a possibility of a crab , AND THAT'S ALL !
