This pair has broken the neckline of a massive head and shoulders pattern. Today the neckline was retested and failed to penetrate. Considering the size of the H&S structure. Much more downside.
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Price appears to have tested previous trendline. Now expect downside continuation to target. SL placed above trendline
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We got out pullback. It went a little lower first before going higher. However, tested the previous trendline. Downside movement is poised to resume to target.
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Grinding down more. Looking good for downside continuation.
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Just created a new low; halfway to target.
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Target Reached