There appears to be a micro H&S playing out at the moment, the green upward sloping line of support has been broken to the downside, we have seen multiple bullish reactions off of that green line, but now the weakness in the trend is becoming more noticeable.
The red M pattern is the Head & Shoulders, I've placed a giant red human icon to represent the head of...
I find it hard to believe this pattern is a descending triangle, we've just seen the dark blue baseline of the pattern hold support, considering the Macro environment I'm expecting this pattern to finish with a bullish outcome.
The RSI is slowly starting to create a Macro higher high, if we see the RSI continue to creep above the blue line we will see some...
