ETE PATTERN , Waiting for breaking down the neckline
Hi Nizar,is this Pattern is still valid? or it's finished once the trend cross over the top of Right Shoulder of the Pattern?.Another thing,if you would let me. As you know most of inverse Pattern on Interaday can be neglected against major Trend on daily chart specially when Major trend is Up and strong as we are here?what do you think?.Thank you.
first of all i want to thank you for your participation , yes we can say that this pattern become invalid , even from the begining , caus it did not breaking the neckline , and cause the mainly trend is up , i thing that is reach the end , in weekly chart we can see AB=CD pattern , in daily too ... that makes me waiting for the reversal . for this pattern i think that only the neckline still valid , may be complex H&S , may be double top at 4h time frame . who knows ? :)