IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
UK100 ON THE WEEKLY RANGE , AFTER A LONG UPWARD TREND , COMPLEX HEAD AND SHOULDERS BOTTOM APPEARS , THE PATTERN WAS CONFIRMED AS A VALID ONE, WEN PRICES CLOSED ABOVE 7130, AFTER BREAKOUT PRICES PERSISTED MOVE UP TO HIT TARGET PRICE AT 8750
NOTE: THIS TYPE OF HEAD AND SHOULDERS BOTTOM A SO CALLED "NOTHING TO REVERSE" (PRICES OVERSHOOT AN ALL TIME HIGH AND MAKE THE PATTERN SO THERE IS NO PREVAILLING TREND TO REVERSE) ACTS AS A CONTINUATION PATTERN
UK100 ON THE WEEKLY RANGE , AFTER A LONG UPWARD TREND , COMPLEX HEAD AND SHOULDERS BOTTOM APPEARS , THE PATTERN WAS CONFIRMED AS A VALID ONE, WEN PRICES CLOSED ABOVE 7130, AFTER BREAKOUT PRICES PERSISTED MOVE UP TO HIT TARGET PRICE AT 8750
NOTE: THIS TYPE OF HEAD AND SHOULDERS BOTTOM A SO CALLED "NOTHING TO REVERSE" (PRICES OVERSHOOT AN ALL TIME HIGH AND MAKE THE PATTERN SO THERE IS NO PREVAILLING TREND TO REVERSE) ACTS AS A CONTINUATION PATTERN