Bullish inverted Head and Shoulders
Neat downtrend.
Inverted H&S (please if you disagree let me know).
RSI and CVI (Cumulative Volume Index) both high at Head's peak and low on right shoulders:
Note: Since there is no volume, I looked at the CVI, but I don't know anything about it....:(
The target (1.077) converges with the top of the downtrend (resistance).
Inverted H&S (please if you disagree let me know).
RSI and CVI (Cumulative Volume Index) both high at Head's peak and low on right shoulders:
Note: Since there is no volume, I looked at the CVI, but I don't know anything about it....:(
The target (1.077) converges with the top of the downtrend (resistance).
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