(Click On Chart To Enlarge)
From April 11:
"The overall pattern is looking like a Bullish Inverse H&S (if so, we're in the Right Shoulder here). If the FXI can break out above 151.54 (the April 7 high) and hold it, that would spring a Bear Trap on anyone who sold or sold short the March 6 breakdown."
FXI gapped away out of this Bullish Inverse H&S pattern. 183.89 is IN PLAY as long as the FXI trades above the neckline.
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