Facebook head & shoulders Pattern
Facebook start a rally from march until September And reacted to the Bullish trend line B throughout this period ,
But recently this trend line has been broken so This can be a proof to start a correction ,
Another powerful reason to make Facebook going down is Top head & shoulders pattern ,
but if price break the A line and goes above it the pattern will be fail .
the price target (TP) for this pattern showed with green line .
But recently this trend line has been broken so This can be a proof to start a correction ,
Another powerful reason to make Facebook going down is Top head & shoulders pattern ,
but if price break the A line and goes above it the pattern will be fail .
the price target (TP) for this pattern showed with green line .
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