AJ -- I appreciate the chart, but just cuz you call that a left shoulder doesn't make it one. Where would the neckline be over there? It doesn't form a shoulder, does it? It's got a bunch of candles up above it, but no clear touch on what would be the neckline -- no touch on what defines shoulder shape. I'm guessing that's why you didn't draw the neckline to the left, which was what my question was about!
I prefer Newly's simpler chart and, as we've discussed before, it comes up with a very similar target. But FOR ME, it's a chart that's clear and identifiable and doesn't make me come up with a take on the weekly that doesn't jibe with what the daily is doing.
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