$BAND Inverse Head & Shoulders
Been in this one since the bottom but there is another development here. An inverse head & shoulders and the right shoulder is backtesting the inflection zone as support.
I figure we will at least go fill in those last couple wicks and test 3.30 again if it holds above this zone, but the measured move of the inverse head and shoulders should bring you beyond that.
If it does break above 3.30, i think the next target above that would have to be that little zone up near the .786 around 3.94.
This one is substantially off the lows, and already hit 3.30 once. The inflection point is the argument here, if it cannot sustain above that level, its hard to have confidence.
I figure we will at least go fill in those last couple wicks and test 3.30 again if it holds above this zone, but the measured move of the inverse head and shoulders should bring you beyond that.
If it does break above 3.30, i think the next target above that would have to be that little zone up near the .786 around 3.94.
This one is substantially off the lows, and already hit 3.30 once. The inflection point is the argument here, if it cannot sustain above that level, its hard to have confidence.
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