RE: A snapshot of Sol G explained with TA29 Jun 2020 21:07
Guys, it's my opinion don't be so triggered. Let's see how this move plays out the next few days. Head & shoulders drops don't always play out of course. Nothing is 100% certain. My advice is to be careful if the price tests 23.12.(Unless it drops before) These moves are designed to trap buyers. Price is now in a tight consolidation pattern. Do not be fooled because you so a little green on the charts today. These moves are meant to trap rookie traders. Price has already touched the medium channel at the top and price has also touched the macrostate, at the top which is a range. I know rookies are emotionally triggered when an alternate opinion is offered. Let's see how this move plays out. I think it will drop to 16p and retest support. Finally Brokennovice. I am a full-time TA specialist and make money from the markets. Your advice is appreciated but its a bit like a 5-year-old child offering how to teach a professional racing driver how to change gears. No offence. Head & shoulders are my specialities. They come in many guises. Be careful it is very strong resistance its been there since October 2019. Cheers.