could catch a little more upside, before rolling over to finally complete the right shoulder of the head and shoulders
pattern that I projected over one week ago. I still believe that there is a lot of downside to be seen, with a limited amount of upside. There is still a very small chance that this could end up failing as a head and shoulders
pattern. However, the odds of this completing a head and shoulders
, given the increasing amount of bearish
indicators, is very high. I'm just going to continue to watch as this pattern develops almost exactly the way I projected it to. Hopefully, we will get a nice breakdown on the back side of it. That would be the icing on the cake.
Ps. I will post some charts below for you to see how closely this has developed, compared to what I called for over a week ago.
I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au
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