History Rhymes

History Rhymes

So how can one use this as an edge with a trade setup? I will use the Weekly chart of CXW (Corrections Corp of America) with RED arrows showing a repeated pattern:

In terms of Probabilities, I think it is quite clear what the trade setup is here – especially with the Doji / Spinning Top as the last candle. A short here with a stop at the recent high of 24.16

4 thoughts on “History Rhymes

  1. Thanks for the auspicious writeup. It in reality was a leisure account it. Look complicated to far delivered agreeable from you! However, how can we be in contact?

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