With bullish Head and Shoulder`s neckline already broken, i`ll should wait for a decisive retest of this one; but due to GDP number better than expected released this morning, continuation without a pullback for retest could be possible. For detailed explanation of my forecast, see my videocast @ http://www.screencast.com/users/GustavoForex/folders/Swelltrader/media/8f6e9875-9ad1-422c-a6b1-332d0600e0cb |
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Friday, July 31, 2009
Stocks, bottom confirmed?
Labels:
Bullish,
Change Pattern,
FollowUp,
HEADandShoulders,
NewTrend,
NiceBreakout,
Stocks,
SyP500Index
USDCAD H4 Bearish Head and Shoulders… follow up
Nice unfolding of this Head and Shoulders Top. |
Spotted on July 13 |
Nice unfolding. Green rectangle shows Head and Shoulder Pattern. |
The pattern located within the bearish trend |
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