This was posted in my note a few days ago.
www.tradingview.com/x/70azBbHJ/
www.tradingview.com/x/IKbA9ocC/
Today it looks like this.
www.tradingview.com/x/s157v232/
the chart has been pretty accurate so far. It was off a bit. I was expecting it to drop from blue trendline at 205 or so but it only got to 200. We are now approaching the right shoulder at around 162-170 zone. Looking for a buy in this zone. This large inverse head an shoulders is still in play and has not been invalidated yet.
www.tradingview.com/x/70azBbHJ/
www.tradingview.com/x/IKbA9ocC/
Today it looks like this.
www.tradingview.com/x/s157v232/
the chart has been pretty accurate so far. It was off a bit. I was expecting it to drop from blue trendline at 205 or so but it only got to 200. We are now approaching the right shoulder at around 162-170 zone. Looking for a buy in this zone. This large inverse head an shoulders is still in play and has not been invalidated yet.
Comment:
other possibilities
Comment:
if it breaks out above blue trendline, it is possible for it to reach 200 zone. Otherwise, a drop from here is likely.