Price would need to break neckline in a confirmed downtrend.
Targets 2 39 to 23
No recommendation.
If price breaks the neckline, in an uptrend, this pattern would have failed as the neckline is now resistance. Bull markets and head and shoulders patterns do not co-exist well, so be safe.
Targets 2 39 to 23
No recommendation.
If price breaks the neckline, in an uptrend, this pattern would have failed as the neckline is now resistance. Bull markets and head and shoulders patterns do not co-exist well, so be safe.