-5 Week drooping H&S (2018-08-03 is the date for pattern symmetry)
-18SMA showing pattern test and breakout potential
-H6 showing a convergence of 50/200 with suppressed price potential
-Long term trend line retest
30 basis points of risk planned
Will monitor this week for an asymmetric risk/reward entry
-18SMA showing pattern test and breakout potential
-H6 showing a convergence of 50/200 with suppressed price potential
-Long term trend line retest
30 basis points of risk planned
Will monitor this week for an asymmetric risk/reward entry
Comment:
No longer drooping, nearly punctured volume trend also
