AUDJPY weekly Top Head n Shoulder BO
What implication this has on PM sector? It is confirmed BO unless pending backtest? This AUDJPY lead the 2008 global financial crash .
This chart of top is similar to Rambus’s chart of CDNX in 2008 at 3350+ HnS after making right shoulder a bearish formation just above NL or major S/R line BO is confirmed top. May Fully redraw the CDNX classic chart with Rambus caption embedded in it for future reference.
One can spot a typical top of securities. Indices or ETF’s By Rambus: