Looking at the Daily from my previous charts you can see a huge W formation. If the IHS thats currently in play reaches its target then this W formation comes into play
Note
A possible outcome for the bulls.1/ Small W in the right shoulder completes and the neckline broken of the Invert head and shoulders
2/Invert Head and Shoulders reaches its target, confirming the W is now in play
3/ W reaches its target of 22000
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.