Does the Anaam love it classical?

Anaam has recently formed H&Ss but not an ideal one. The volume does not correlate with the studies of a typical head n' shoulders but I thought it is great to share. Let's see if the neckline is penetrated then we can confirm by price action.

Trade active:

25.15 is a trigger point here. if penetrated with good volume, then target 28 - 31

Comment:

on the right shoulder, a bottom, a valid one, head and shoulders is almost completed. same neckline as the previous one. Wait for a neckline penetration for confirmation.

Trade active:

The answer is yes.

Trade active:

Could be now a retest. you are advised to be extra cautious. The market is only for keen speculators at the moment.