We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below:
Price is likely to move within the having the potential to break it down.
triple top divergence breaking down the zero level.
Triple top .
A Breakaway gap at the end of a price pattern and signaling the beginning of the reversal.
We ll try to find an entry price within the expected pull back zone 257.90 - 260.60 as previously being back tested.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a study, not an advice or recommendation to invest money on.
Zacks Equity Research
ZacksJune 11, 2018