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Nov 29, 2019 6:30 AM

Chance for a short-term correction - H&Sh Neckline break Short

Wall Street CFDFOREX.com

Description

Reasons:

- Resistance from the previous top
- Head & Shoulder pattern - Visible in H1 , With neckline breaking now
- Fibo retracement 23% level is also breaking down
- Change of slope in Bollinger bands
- TRIX signalled the top
- Vortex shows start of a bearish trend (Cross of Red line with level 1)


This is a personal realization about the market
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