no I’m following an algorithm.
an inverse h&s pattern has completed its 100 day pattern the new trend has kicked off from the top of our final shoulder. a gap down and gap up off the bottom of support was my signal that the pattern is fully confirmed.
we are moving our way into a wedge pattern as we make our first attempt to break out of a neckline.
it is beyond any doubt this will go up.
heres 3 different breakout views. The engulfing candle on Wednesday is your first definitive signal that a test of 1.27-1.35 is coming. It’s hard to go against this setup in play
Head and Shoulders, page-248
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26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $269.0M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.3¢ | $1.799M | 6.994M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 197742 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 150102 | 4 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |