ADX:FADGI   FTSE ADX General Index
Abu Dhabi Market broke the neckline in the negative slanting head and shoulders pattern...then confirmed it by breaking the neckline of the negative Adam and Eve pattern.
The lower targets are activated, but usually, and from my experience, prices do not go directly to them.. In 80-90% of cases, there is a temporary rebound either to the closest resistance or, at a maximum, to the second resistance 😔

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.