Breaking head and shoulders?
- It seems like we could be breaking a head and shoulders pattern in the next hours.
- May want to watch it break support at 34800 before taking a position.
- Potential target at 29900 support.
- The dip would form the rest of the C wave correction, down from the ATH.
- May want to watch it break support at 34800 before taking a position.
- Potential target at 29900 support.
- The dip would form the rest of the C wave correction, down from the ATH.
Note
Bounced off support ~29900.Note
Correction: Bounced off support *34800.
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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.