- the throughout the pattern shows a confirmation of a
- The on the ascend of the left shoulder was higher than it was on the advance of the head
- The then increased on the decline of the peak of the head
- increased on the decline of the right shoulder
The pattern is not yet complete as the neckline hasn't been breached yet. I do still look at this as as the neckline is downward sloping (low of the left shoulder is higher than the low of the right shoulder).
If it breaks the neckline we could see it drop back down to the major support at 0.00006200. There will then be a new resistance at 0.0001200.
Again, this is not confirmed but will keep an eye on it.