PA suggesting the correction to the downside is to continue.
Price failed to break and sustain above $16,000
Instead validating what measures out to be a Bearish Gartley pattern (8H chart)
and the right shoulder on the larger H&S pattern.
Next confirmation is the neckline and a break should follow with another move to the downside possibly as low as $5,800-6,000
Price failed to break and sustain above $16,000
Instead validating what measures out to be a Bearish Gartley pattern (8H chart)
and the right shoulder on the larger H&S pattern.
Next confirmation is the neckline and a break should follow with another move to the downside possibly as low as $5,800-6,000