Update from a previous post.
So far CELO is still following my 2020 fractal but in a smaller scale. Notice there are 2 H&S formations; big & small. However it came back down to the neck of the bigger H&S & broke below the neckline. If this is a Beartrap, CELO will breakout of the consolidation zone soon & proceed to the breakout zone above all anchored VWAPS.
Worst case scenario is that CELO will remain in the consolidation zone for a while pending BO.
Not trading advice
So far CELO is still following my 2020 fractal but in a smaller scale. Notice there are 2 H&S formations; big & small. However it came back down to the neck of the bigger H&S & broke below the neckline. If this is a Beartrap, CELO will breakout of the consolidation zone soon & proceed to the breakout zone above all anchored VWAPS.
Worst case scenario is that CELO will remain in the consolidation zone for a while pending BO.
Not trading advice