The possible Head and Shoulder has formed
The possible Head and Shoulder has formed. However, if it s a diagnol triangle, then it has to go up again to complete the 5th move, So, if the red (resistance) line from the Head to the Right Shoulder and down is broken up wards, then the 5th move of the triangle can be expected.
It is also important to note, that a 5 wave move on a 4 hour chart is almost complete ( I don't have access to live rates so I can't show).
It is also important to note, that a 5 wave move on a 4 hour chart is almost complete ( I don't have access to live rates so I can't show).
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