Long term head and shoulders pattern forming.
Weekly Trend Line broken, Trend reversal confirmed with break of 50 period moving average.
Entry below break of upcoming support and 200 period moving average.
I don't use TPs.
(Excuse poor drawing of head and shoulders tool)
Weekly Trend Line broken, Trend reversal confirmed with break of 50 period moving average.
Entry below break of upcoming support and 200 period moving average.
I don't use TPs.
(Excuse poor drawing of head and shoulders tool)
Order cancelled
