Hello my dear friends
Four-hour chart: the probability of completion of the head and shoulders pattern at the end of the downtrend
Provided that the end of the upward trend and the price range of $12.99 is maintained, there is a possibility of forming an increasing trend up to the specified ranges.
If the current trend is above the price range of $15.77, there is a possibility that the trend will advance to the yellow range ($16.77).
We would be happy to hear your comments
Four-hour chart: the probability of completion of the head and shoulders pattern at the end of the downtrend
Provided that the end of the upward trend and the price range of $12.99 is maintained, there is a possibility of forming an increasing trend up to the specified ranges.
If the current trend is above the price range of $15.77, there is a possibility that the trend will advance to the yellow range ($16.77).
We would be happy to hear your comments
Trade closed: stop reached