Besides showing an ascending triangle pattern (containing a possible cup-n-handle pattern on the D1 timeframe), the W1 fo BO is showing a negative divergence on the MACD indicator.
If you look at the D1 top formations, Bollinger Bands are getting closer to the candles which could also indicate a loss of strenght
Please have in mind that it is the W1 timeframe,...
After a strong fall making the limits of the Bollinger Bands there is a possible Head & Shoulders pattern on Netflix ; Price also has climbed above 287 zone resistance, and there is still also some space on Bollinger bands to the upside.
CHXEUR:GLENL is showing a possible inverted H&S in D1 time-frame, that could be in line with Monthly trend continuation on the long
please let me know your comments.............
![BA: [symbol="BO"]BO[/symbol] negative divergence on Weekly timeframe](https://s3.tradingview.com/f/fl8Jpbnv_mid.png "[symbol=\"BO\"]BO[/symbol] negative divergence on Weekly timeframe")
