A broadening pattern can also be called a megaphone.
Double top and descending upper trendline that price has been unable to successfully penetrate..
No recommendation/Price is still above the .382 of the trend up.
Double top and descending upper trendline that price has been unable to successfully penetrate..
No recommendation/Price is still above the .382 of the trend up.
This is not the first double top for H.
Pror H&S but price has fallen beneath the neckline on a few occasions and recovered.
The neckline which is 83 will most likely be a source of support if/when price falls.
Bearish Harami today.
No recommendation.