The break of the neckline let the price drop to its trendchannel bottom edge. At this niveau, a consolidation between 110,75 - 116 started. This is the neutral Zone.
GWPH is forming a bearish flag.
This results in two tradingmarks (yellow arrows) :
Short trigger: 110,5 - TP 121,5 (trendchannels upper edge)
Long trigger: 116,5 - TP 101,5 (target of the flag and the max. target of the bearish head-shoulder-Formation.
GWPH is forming a bearish flag.
This results in two tradingmarks (yellow arrows) :
Short trigger: 110,5 - TP 121,5 (trendchannels upper edge)
Long trigger: 116,5 - TP 101,5 (target of the flag and the max. target of the bearish head-shoulder-Formation.
