My last post about a week ago represents how it can break out with the inverted head & shoulder formation..
However, this is what could happen if the RS is not completed and it just falls from the 9.2-9.5K range.
IF we see the Right shoulder, we will have a break out to 17-18K.
BUT if no right shoulder, that means the 12345 correction was false and the one depicted above is the correct one!!!!
BE VERY CAUTIOUS!
As always do your own due diligence.
However, this is what could happen if the RS is not completed and it just falls from the 9.2-9.5K range.
IF we see the Right shoulder, we will have a break out to 17-18K.
BUT if no right shoulder, that means the 12345 correction was false and the one depicted above is the correct one!!!!
BE VERY CAUTIOUS!
As always do your own due diligence.