Looks a little like a head and shoulder pattern.
Discussion
"Looks like my hair is trying to make a break for it... guess I need to shampoo my style out #HeadAndShoulderProbs"
Technical analysis - best hindsight tool:)
That's why I posted it. It's very easy after the event to predict the past.
I find TA interesting in guessing where the market may turn, even though I suspect there's a big element of self confirmation with traders and algos trained to follow it.
I have lost enough £ in the past to realise that I'm not cut out for trading.
I posted this on October 29th as it appeared that the price was breaking out of a rising flag pattern. Anyone waiting for the price to dip back to support though would have missed out on a 35% gain.
For most far better to pound cost average in.
