lauralea

Descending Triangle

Visa (NYSE:V)  
NYSE:V   Visa
Price appears to be in a large Descending Triangle.
Neutral pattern until a trendline is broken.

Prior Head and Shoulders pattern.

Targets in orange below price are for a break of support of the triangle.

There is a Double bottom at the support line of the triangle.

Possible M structure forming. It is too early to tell.

Gaps noted below support line.

Price is still above the 50% level of the trend up measured from the Flu low.

No recommendation.

MA's chart is similar.
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