Price broke EL, experienced a throwback, and is now below EL level.
A throwback is different than a pull back. Pullbacks are a healthy for price movement.
A throwback occurs when price breaks long entry level for a pattern then fall beneath that level within a few days.
Throwbacks can hurt performance.
Targets for a C&H are calculated using the cup depth and fib levels. The cup depth is 47.47
No recommendation.
A throwback is different than a pull back. Pullbacks are a healthy for price movement.
A throwback occurs when price breaks long entry level for a pattern then fall beneath that level within a few days.
Throwbacks can hurt performance.
Targets for a C&H are calculated using the cup depth and fib levels. The cup depth is 47.47
No recommendation.
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