It is now officially a Head&Shoulder pattern with a double bottom as the head.
Looking for an entry on the neckline (Support Line) of the Head&Shoulder @ the 38.2%/50.0% Retracement Levels. It is also on a nice trendline, will it respect it?
I'm confident it will. Will be keeping my eye on it.
Looking for an entry on the neckline (Support Line) of the Head&Shoulder @ the 38.2%/50.0% Retracement Levels. It is also on a nice trendline, will it respect it?
I'm confident it will. Will be keeping my eye on it.