This chart is made for the FREE BLOG at our website.
APC is setting up an IHS -though not symmetrical. A timeline for possible breakout has been drawn in to show where a symmetrical breakout could be expected.
It's not to say by this chart if we will see a deeper pullback as it happened on the left shoulder. Indicator not showing divergens so no clear indication of direction.
As always...only becoming a valid pattern with a decisive break of neckline.
Resistance right now at neckline.
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