there could be forming a BIG H&S pattern on coats group.
I am shorting here with a close SL just above last High.
Ill take profit at the drawn support line and watch closely to re open a new short when that support gets broken, which IMO confirms the H&S pattern.
I am shorting here with a close SL just above last High.
Ill take profit at the drawn support line and watch closely to re open a new short when that support gets broken, which IMO confirms the H&S pattern.
Comment:
Note: this could also turn into a rising wedge.