A small time frame inverse head and shoulders neckline has been breached.
The Neckline target will in turn breach the neckline of a larger time frame inverse head and shoulders with a neckline target of $11.7
A close above $8.61 on the daily chart will make a new higher high and confirm a change to an uptrend.
Failure to breach neckline resistance and a breach of the red long term trend line will confirm downward symmetrical triangle pattern continuation instead.
The Neckline target will in turn breach the neckline of a larger time frame inverse head and shoulders with a neckline target of $11.7
A close above $8.61 on the daily chart will make a new higher high and confirm a change to an uptrend.
Failure to breach neckline resistance and a breach of the red long term trend line will confirm downward symmetrical triangle pattern continuation instead.
Comment:
working out nicely ;)