Hi ladies and gents,
There might be a possible head and shoulders in play. The left shoulder did not cross the 0.5 retracement so imo the pattern is still valid. We just need to wait and see if the right shoulder forms, and if it does, it should not cross the 0.5 fib either.
Furthermore, why I think there needs to be a retrace up is the the gap down from yesterday ideally needs to be filled.
Enjoy the weekend!
There might be a possible head and shoulders in play. The left shoulder did not cross the 0.5 retracement so imo the pattern is still valid. We just need to wait and see if the right shoulder forms, and if it does, it should not cross the 0.5 fib either.
Furthermore, why I think there needs to be a retrace up is the the gap down from yesterday ideally needs to be filled.
Enjoy the weekend!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。