going to a 4 hour chart , is it possible to see an inverse head and shoulders and basing pattern ?
the perfect H an S pattern was at the top , with a complex right shoulder followed by a 1, 2, 3 wedge pattern breakdown
this very rarely fails to predict a major fall, and it was correct
so do we have the possible bottom pattern forming here?
its too early to say that , the perfect case would be a lot more action from 10 to 10.5 forming a complex right inverse shoulder
in doing so , the formation of a 1,2 ,3 wedge would add to the conviction
a fall thru the low at 9.4 cents would negate any possible pattern
that word negate seems to trip up some in the company , it means the pattern is no longer valid
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