LIN.DE:
Our expectations: Breakthrough of the up-trend and new downward movement, H&S formation and possibly a new drop from resistance levels
Alternative Scenario: Passing the price above the head may break the formation and see a new appreciation
Comment: Price below the neck of the H&S and diagonal resistance
Formation: Shoulder Head - Trend Reverse Figure
Fibonacci: Correction to 50%
Price action: pin bar and false breakthrough of 50MA - negative signal
SL: 169,200
Trader I. Ivanov
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