No strategy is 100%. That's like getting 1 million people to agree on the same thing. That aint happening. We trade on probabilities. Stacking the odds in our favor that price is likely to move one way or the other. Even with these charts, Some of us see one thing and others see something different.
Take this NJ chart for instance Quan.... on the monthly, it's looking like a nice short. Especially where it is in the wave count. It will bounce and it's tradable on lower time frames since bounces could be 200-300 pips maybe more. Overall sentiment appears to be down though IMO. So any upward movement is a short opportunity to add positions. If it is indeed in the first leg of wave 3 (the longest leg) then it still has over 700 pips of downward movement.
News 
Market Data 
Discover 
