Technical analysis - The consequences of a V-shaped reversal.
(Green arrow) Usually, when there is a breakthrough, I would consider it satisfying the upward momentum.
(Red arrow) A breakthrough followed by a pullback means that the entire upward structure has been rewritten and cannot meet the upward momentum I calculated.
Conclusion: Since the structure has been broken, it means that there will be news reports in the future citing reasons such as unemployment, speculation, and financial difficulties reflecting on the technical side.
I am now seeing a reversal in the structure, the original bullish structure has turned into a head structure and the head is too large, which will have more serious consequences soon!!!!!!!!!!!!
(Yellow line) - This point is extremely important as it is the support position for the entire structure!!! Once it breaks down, it's BBQ.
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