1,5028 neckline is the level to watch, a break and close below
triggers the Head & Shoulders pattern. The neckline coincide
with the 61,8 fib of CD leg, which is a potential D point and
should cause price to pause or bounce at first. The extended
161 D point is in confluence with the target of the H & S.
triggers the Head & Shoulders pattern. The neckline coincide
with the 61,8 fib of CD leg, which is a potential D point and
should cause price to pause or bounce at first. The extended
161 D point is in confluence with the target of the H & S.