OIL Short!
head & shoulder pattern complete! (3 x bounce to top = grey, 3 x bounce to bottom = red).
Now: 4th bounce to top? No! Why?: because else the pattern wont work/exist. So now it cant be a pull to the top because before it did when we had the pattern. but now its finished so it will do the opposite => go down more! easy :)
Now: 4th bounce to top? No! Why?: because else the pattern wont work/exist. So now it cant be a pull to the top because before it did when we had the pattern. but now its finished so it will do the opposite => go down more! easy :)
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