Russel 2000 Head and Shoulders in play
Updated
After another head and shoulder that broke to the downside, we find a similar pattern playing out. As the RSI is pointing down whilst there is a downtrend in play, we are looking for the head and shoulders to be completed and break down.
The next target corresponds with the previous supports of dec. 2018 and aug. 2017.
The next target corresponds with the previous supports of dec. 2018 and aug. 2017.
Comment
Right shoulder in development phase. Be patient.Order cancelled
Idea is invalidated. No position taken
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