XJO/ASX Megaphone Pattern and Wave 2 ABC Correction

18 ธ.ค. 2019

The XJO Daily appears to be topping. The retracement looks like Wave 2 ABC Correction and price has retested the trend line coming up from previous highs forming something resembling a Megaphone Pattern. Volatility should be high going into Christmas.

19 ธ.ค. 2019

บันทึก

Bearish outside candle. The up cycle is likely at a end for the XJO.