Food For Thought
Last few times we correctly predicted upside move both 145, 185 and finally 193 thought we were bullish but only played bearish trades now it looks temp peak posted and the chance to see 200 price is less likely it was a few weeks ago. The chance now is $156.90 area before a significant bounce come to play. Will have a new short entry if price violates or breaks...
Head and Shoulders If the neckline gets broken, we have a head and shoulders pattern with a stop above the right shoulder and a R/R 1 : 1 target. The other trades are the AB=CD completion. (See different chart...below.) And a reversal after the gartley completion. (See different chart...below.)