By Claus Andersen
11. September 2019
60 min chart:
On the 60 min chart price is nearing the target for the head and shoulders pattern. Price is still AIL and I look to buy on lower time frames. Be aware that we might get a deeper pull back shortly.
15 min chart:
Resistance lines are broken. In this chart look at how consistant the BOPBs are. The spike and channel pattern is nearing the final stages. Often after a spike and channel the beginning of the channel is testet. That could be a target if the market starts to correct.
New support and resistance levels.
Have a nice trading week.