Hello Traders! Today we're revisiting our analysis of Westlife from June 6, where we discussed the breakout of a Head & Shoulder pattern. Let's dive in!
On June 9, our suggested entry triggered at a retest of the H&S breakout at 825 .
From that entry point, the stock rose to a level of 1024 by September 8 — a gain of nearly 27% .
This movement...
Hi
In this article I will discuss how classic market tops develop and in this background I will try to analyze whether our market meets the conditions necessary for it to be declared at its top.
Acceleration
As we can see that market was behaving nicely in the primary channel (white). Suddenly it changed its behavior and started to accelerate in a new channel...