H&S formation could be bearish reversal?
Updated
Will EZY head lower after this reversal pattern completes?
Only time, and Brexit, will tell.
Only time, and Brexit, will tell.
Note
Gone beyond the neckline. Brexit must be a big concern.Note
More weakness and H&S completed with small right shoulder.Note
H&S completed on bearish newsNote
Traders had to be nimble as the pattern did not fully complete and it's now bullish after a break back above the neckline from a 4 month double bottom. Hindsight is 2020 vision !
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