We have everything in place…
A double bottom
A channel down breakout
An inverted head and shoulder forming out
A double bottom
A channel down breakout
An inverted head and shoulder forming out
Comment:
Resistance ready to be crossed
Comment:
Beware of reversal pattern after failed breakout
Price may drop to neckline again
Price may drop to neckline again
Head and shoulder broken
Going for a triple bottom
Price still out of downtrend