Gj0201 & QBE Crew,
Cheers I had a H&S but was struggling with 2 different necklines Yellow and Blue but had discounted the Blue in favour of Yellow it would fit with the Overall 61.8% Fib & the Gap @ $16.88..
Yours in Red makes more sense and is more classic with the backtest of the neckline, I thought at first the Right Shoulder may have been a bit small?
Any way QBE is bouncing no doubt about that...how far is the Question...???
Weekly Candles a bottom Doji Star that needs to confirm both Weekly & Daily Inds are on the up the Daily Dema needs to break the White Line if its a final bottom..
I'm still thinking a Gap Fill is on the cards..The entire chart has quite a series of shoulders on it .imo
Just thought I'd post these so I'd be in the running for the most Colourful Chart Award....lol
Pete..
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