Inveser head and shoulder pattern

16 de jan. de 2017

It's a inverse head and shoulder bottom pattern that started since 2014-09-22 and it finally broke out last week on heavy volume. There might be a pullback on the breakout line, for this pattern to be valid it shouldnt go below last low (24,17).

The timeframe for this trade to hit TP is between 3-4 months.