As an update to one of my prior ideas. The prior idea had mentioned that what may have appeared to be a bullish pattern on a lower time frame may have been misleading. I had pointed out why on higher time frames. Here is an update:
A Rounding top appears to have formed along with a breach of the April low's uptrend. The breach found support on the 50dma, then snapped back and retested the breached uptrend line. A downward continuation would be the most probable direction for price to trend within this scenario, in my humble opinion.
A Rounding top appears to have formed along with a breach of the April low's uptrend. The breach found support on the 50dma, then snapped back and retested the breached uptrend line. A downward continuation would be the most probable direction for price to trend within this scenario, in my humble opinion.
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Still in play and retested the uptrend line breach, in my humble opinion. What am I looking at now. A head & shoulders top breakout after reaching the potential peak target of a proregressive dragon pattern. 
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A transcendent vision of mind and technology becoming one.
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.