The chart looks at an assets price pattern over the past 30-years.
A potential inflection point is in play at (1) above. In my humble opinion the odds are low this is a head & shoulders pattern.
This assets is testing a cluster of support at (1) at this time.
What would you do at (1)???
If you would like to share what you would do here, we would love to hear from you. Shoot us an email at firstname.lastname@example.org and let us know what you would do with this pattern. If you would like to know what the asset is, send us and email and we will get you the answer a couple of days from now. Members will be updated ASAP on this pattern/potential inflection point, where a big move could take place.