Massive H&S Pattern on ANG

JSE:ANG has formed a massive Head and Shoulders chart pattern starting all the way back in April 2020. The right shoulder is not very big in relation to the left shoulder, and the uptrend leading up to the formation wasn't extremely significant, so I wouldn't be surprised if it doesn't make it all the way to it's target but I think we could definitely see a downward move to the previous significant support level at around 30000 if it breaks through the neckline and confirms the pattern.

If it breaks through the support level at 30000, we could possibly see a move down to the target, but I feel that is quite unlikely.
Join our FREE Telegram Channel here:

For more info about our training and mentorship visit


+1 Reply
Sure_Trading Thinus5422
@Thinus5422, Thanks for following and viewing my charts!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out