DOW JONES a h&s pattern? 🦐
On the daily chart Dow couldnt make new highs.
The market created a clear head and shoulder pattern with the break of the neckline that also broke the uptrending channel.
We can expect the price to reach the lower daily structure for a retracement move.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
The market created a clear head and shoulder pattern with the break of the neckline that also broke the uptrending channel.
We can expect the price to reach the lower daily structure for a retracement move.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Komentarz:
Price moving to the next daily support. As expected