RE: Chart.19 Jan 2021 17:21
Smythie,
I can see an upside down or "inverted H&S Shoulders.
Don't forget a H&S is a bull to bear move and this is the opposite and therefore positive. If, and I said if, it is an inverted H&S can see it going to £3 fairly sharpish.
PS not an expert on charting but imo charting is useful as its a prediction of behaviour/ sentiment. Although news can alter this, usually people in the know activate the behaviour because of forthcoming news. As humans , we have strict behaviour patterns, so can be a useful prediction of sp on some occasions.