google the complex head shoulder pattern
the inverse head and shoulder failed to break out the diagonal resistance and dropping right now
but there is a case for that, it happens when there is 2 shoulder on the left side of HS pattern
so the HS pattern is not invalidated yet, it just turns into a complex or variation one
the first step IMO watch out bull reversal at 175x or 172x and be prepared when gold is above 1843
but don't gamble because there is a bearish signal if 172x support broken
note: I only find this double shoulder pattern on Bulkowski pattern book called complex head and shoulder pattern
this is a good pattern with the target to double top 2070 as target
thepatternsite.com/chsb.html
the inverse head and shoulder failed to break out the diagonal resistance and dropping right now
but there is a case for that, it happens when there is 2 shoulder on the left side of HS pattern
so the HS pattern is not invalidated yet, it just turns into a complex or variation one
the first step IMO watch out bull reversal at 175x or 172x and be prepared when gold is above 1843
but don't gamble because there is a bearish signal if 172x support broken
note: I only find this double shoulder pattern on Bulkowski pattern book called complex head and shoulder pattern
this is a good pattern with the target to double top 2070 as target
thepatternsite.com/chsb.html
