BeastLoneWolf12

BeastLoneWolf12

WE WAITING FOR CONFIRMATION

BeastLoneWolf12

BROKKE THE SUPPORT LEVEL ND RETESTED IT

BeastLoneWolf12

LEVEL OF 0.618 AND 0.5 IT SHALL NOT PASS

BeastLoneWolf12

WE WAITING UNTIL IT COMPLETES THE SECOND SHOULDER

BeastLoneWolf12

its going ro drop and pull back up to complete the second shoulder and drop hard

BeastLoneWolf12

by the look of it we still holding long

BeastLoneWolf12

breaks the green kine it will continue at that direction.

BeastLoneWolf12

eurusd broken the triangle and went up as planned and it pulled back its continuing with the upward movement

BeastLoneWolf12

we expecting a drop after the breakout and the distance it will drop would be D1 = D2

BeastLoneWolf12

if it manages to complete the second shoulder without passing the sym level as the first shoulder, turns to the neckline and we it confirms the head and shoulders chart partten

BeastLoneWolf12

A rising wedge formed after an uptrend usually leads to a REVERSAL (downtrend) while a rising wedge formed during a downtrend typically results in a CONTINUATION (downtrend).Simply put, a rising wedge leads to a downtrend, which means that it’s a bearish chart pattern!