Bearish Divergence / Possible Triple Top or Large Reverse Head a Shoulder
Approximate Fib Retracement Levels - The ones I watch for a reversal - 0.618 (113.30p) - 0.50 (97.10p) - 0.236 (87.10p)
Clearly Metro Bank printed a double bottom at 68p in March 2020 then again in May 2020. Then only to break free of a downwards pattern, which is now testing the former top. With Metro almost doubling, expecting a retrace to around the 100p mark, only to continue the uptrend. Recent News for Metro Bank: - www.metrobankonline.co.uk - www.finextra.com - www.altfi.com
Posted originally by Ross Ulbricht news.bitcoin.com I just decided to chart his post on tradingview and watch if we follow his predication.