RDD/USD - Slow Breakdown. 10/5/18
Hello
Again with RDD , my correction targets have been updated.
However it has broken downwards from the last support listed (as expected).
However, i still believe we are forming an inverted head and shoulders.
The current rejection showing signs of an ABC correction towards 0.0076 & 0.0065.
This is where i will look for a possible bottom of the Left Shoulder, which may possibly ride upwards to around 0.16 after the completion of the IH&S.
Heres my chart, Enjoy!
Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!
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