Elliot Wave + Head and Shoulders
Updated
We all know price has a mind of its own...But so far this looks like an Elliot Wave + Head and Shoulders in one.
Hoping that price drops to complete the right shoulder, retest, and shoot down to complete the "C" point of the A-B-C Correction.
Then I expect price to go north as there is a larger inverse Head and Shoulders on the 4H chart that was not in the picture here.
Hoping that price drops to complete the right shoulder, retest, and shoot down to complete the "C" point of the A-B-C Correction.
Then I expect price to go north as there is a larger inverse Head and Shoulders on the 4H chart that was not in the picture here.
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Shorted UCHF. Price sits an extended retest up to the 55MA and looks to be stalling put. I think it's primed for a drop from here
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