Head and shoulder pattern- price broke the neckline and re-testing from wave 2 and now 5 impulse waves in wave 3 under construction
- Buying D leg -Head and Shoulder pattern -buy breakout
-bullish channel was broken -Head and shoulder pattern, showing exhaustion of buyers -Price still ranging expecting great movement during ECB
-head and shoulder pattern Cypher, buying the D leg
expecting long and to be fulfilled with fundamentals (today and tomorrow)
-broken bearish channel and a passed retest -Head and shoulder pattern -Wave 3 construction -Risk reward 1:6
-Price in fib zone (50-62%) -More likely to drop fulfilling the bearish flag cycle
- leading diagonal, expecting impulse wave 1 -triangle pattern completed
-price broke the bearish channel and a re-test was successful - H and S pattern accomplished on the bigger picture its a leading diagonal, updates will come
-5 wave impulse completed -Divergence -ABC correction expected next move
-divergence confirmation -impulse wave completion, now potential ABC correction -4th leg formation in a bullish trending channel
going long, pending order activated with that spike in fib zone (50-68%)
both bigger and small wave are in wave 3. expecting more movement
chart explains