Similar positions in Green circles
Potential for a rise that was seen in the earlier green circle, pushing price above the Major Trend line by a lot
There is a sneaky double bottom in both cases (dotted line)
The big Chart pattern is a Descending Broadening Wedge
Hello traders. I hope that I can help you with my strategy, It´s only my opinion. I Would thanks if you say me your opinion. Bay and good trading!!!!!! NYSE:MSI
Price forming a H&S pattern with divergence on RSI. If the right shoulder starts falling soon, then we can enter now with great risk-reward. Adding another short on the break of the neckline.
Weekly level shows resistance right on the 78.6% fib level from the all-time highs (see below).
Price targets of banks and investment funds are below $120 at least, so...
