To calculate the target of this bottom reversal pattern
Have taken the distance from the neck to the head
by drawing a simple ray and added it to where the price broke the neck.
Note that price tested the neck for support and bounced this confirms
the formation and we have a target of $20+
Have taken the distance from the neck to the head
by drawing a simple ray and added it to where the price broke the neck.
Note that price tested the neck for support and bounced this confirms
the formation and we have a target of $20+