from the chart in the comments can be seen that weekly pattern is completed! now we are ending the last part of it.
now in this chart taking in consideration last bigger correction from february till may cant be alone, and this instead of forming h&s formation looks like its deepening the correction and it might looks like this... that big blue rectangle is approximate in time with last bigger one from feb.-may, and inside can fit one of the most common pattern, and it hits exactly on the parallel line. now we r in a makings of part B and its complexity and it might not look like that, thats why it needs to be followed along the way... may be it will come out as h&s and we will see much deeper drops...
now in this chart taking in consideration last bigger correction from february till may cant be alone, and this instead of forming h&s formation looks like its deepening the correction and it might looks like this... that big blue rectangle is approximate in time with last bigger one from feb.-may, and inside can fit one of the most common pattern, and it hits exactly on the parallel line. now we r in a makings of part B and its complexity and it might not look like that, thats why it needs to be followed along the way... may be it will come out as h&s and we will see much deeper drops...
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