While the right shoulder turned into a double shoulder, the pattern broke the 38% fib level and the neckline of the pattern.
Could add to a position after breaking 50% fib level.
Happy Trading!
Could add to a position after breaking 50% fib level.
Happy Trading!
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Perfect retest of the neckline and price continues up now. 200 SMA on a 4 hour chart is the first obstacle in the way.