There is two consecutive chart triggers, a small Inverted Head and Shoulder Pattern, and a big skewed W -pattern, with one patterns final target triggering the other pattern,
making a chain reaction like in the price momentum. which can push for bigger move.
making a chain reaction like in the price momentum. which can push for bigger move.
Comment:
with Trendline is being protected and a follow up pullback making a bigger INVERTED HEAD and Shoulder Pattern. However the target is remain same as W-depth.
Comment:
RIGHT shoulder extending too far and now the bigger IHNS pattern is invalid but is forming a large W-pattern again with neckline near 28200-28400.
Comment:
Price is nearing to Break Out Activation
Order cancelled:
Price has been going in sideways around the neckline for too long, lack of clear breakout cancelling it for fresh view.