Price teasing with neckline but has still to make the breakout for the IHS' to pan out.
Must admit that I still stick to my monthly chart that is finding a market top due to a harmonic pattern that has been building for over 3 decades and the latest 2009-2014 bull run ( See chart below) On the other hand a move back and forth - bouncing on the monthly 1.272 fib extension is within a tolerable margin.
Safe trading ladies & gents!
BM
Music at work:
youtube.com/watch?v=2APDCyVZ2zA
open.spotify.com/track/25GMBsl8ZnGvn2SszmBdz3
Must admit that I still stick to my monthly chart that is finding a market top due to a harmonic pattern that has been building for over 3 decades and the latest 2009-2014 bull run ( See chart below) On the other hand a move back and forth - bouncing on the monthly 1.272 fib extension is within a tolerable margin.
Safe trading ladies & gents!
BM
Music at work:
youtube.com/watch?v=2APDCyVZ2zA
open.spotify.com/track/25GMBsl8ZnGvn2SszmBdz3
Related publications
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.
Related publications
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.