On lower timeframes I have noticed a significant shift in price action. The moves are more methodical and controlled.
Perhaps gearing towards a much more noticeable shift in the trend.
From how i see it we have entered an inverse head and shoulder pattern forming. We have broken the neckline and no matter where the downshift of the right shoulder forms, this pattern is not negated until we pass the head.
Just something to keep in mind and to pay attention too.
Perhaps gearing towards a much more noticeable shift in the trend.
From how i see it we have entered an inverse head and shoulder pattern forming. We have broken the neckline and no matter where the downshift of the right shoulder forms, this pattern is not negated until we pass the head.
Just something to keep in mind and to pay attention too.
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Here it is viewed on the minute time frame. Catatan
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