Arijit_Q

DOW JONES Short Term View

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Arijit_Q Uppdaterad   
There is two consecutive chart triggers, a small Inverted Head and Shoulder Pattern, and a big skewed W -pattern, with one patterns final target triggering the other pattern,
making a chain reaction like in the price momentum. which can push for bigger move.
Kommentera:
with Trendline is being protected and a follow up pullback making a bigger INVERTED HEAD and Shoulder Pattern. However the target is remain same as W-depth.
Kommentera:
RIGHT shoulder extending too far and now the bigger IHNS pattern is invalid but is forming a large W-pattern again with neckline near 28200-28400.
Kommentera:
Price is nearing to Break Out Activation
Order avbruten:
Price has been going in sideways around the neckline for too long, lack of clear breakout cancelling it for fresh view.

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