FR----->>>>> 4585
ST------->>>4490
T1:----->>4585
T2 along time : 4820
long time=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=
There are many possibilities
The chart shows that the head and shoulders pattern is near completion
So: it is expected to retreat to 4490, then return and achieve the first target 4585
Or go immediately without going back to 4585 and then back to 4490
Then return and achieve a new historical high at 4820-4830-4850
This is expected and technical analysis only
=\=\=\=\=\\=\=\=\=\=\=\=\=\=\==\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=
ST------->>>4490
T1:----->>4585
T2 along time : 4820
long time=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=
There are many possibilities
The chart shows that the head and shoulders pattern is near completion
So: it is expected to retreat to 4490, then return and achieve the first target 4585
Or go immediately without going back to 4585 and then back to 4490
Then return and achieve a new historical high at 4820-4830-4850
This is expected and technical analysis only
=\=\=\=\=\\=\=\=\=\=\=\=\=\=\==\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=\=
Note
T2 along time : 4820
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.