Fading the Bearish Breakout for a Bullish Reversal.

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Direxion Small Cap Bear 3X Shares (AMEX:TZA)

AMEX:TZA Direxion Small Cap Bear 3X Shares

Harmonic Patterns Chart Patterns Trend Analysis Bullish Shark Descending Triangle fakeout rsioversold

harmonicpatterns chartpattern trendanalysis bullishshark descendingtriangle fakeout rsioversold

We have a bullish shark on the 4 hour with an oversold RSI and I'm expecting the price to fade the breakout and blast back into the descending triangle from here and take off to prices that are much higher.

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