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Head and shoulders - All share -3 month chart

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Super Contributor
Is it me or is there a head and should formation on the all share 3 month chart? Could we expect another leg down?
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Super Contributor
Head and shoulders? i think the body comes before the leg down?
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Super Contributor
I see a descending triangle with market battling to breakout through the upper slope at around 47000
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Super Contributor
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Super Contributor
If there is no retrace around theses level, then going through 48 600 (on ALSI daily chart) , will form a reverse head and shoulder pattern. Which corresponds to formation of Elliot waves 2 and 3 of the uprun.
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