On Big Picture starting from 2020....
Inverse H & S was formed... after breakout we got pull back & then it started 8 months rally from September 2020 To April 2021.
Then after deep bear market, we got Inverse H&S... after breakout, we got pull back & then it started 8 months rally from September 2023 To April 2024.
Now. we got big H&S... after breakout, we are getting pull back & now we are almost near at support level of H&S. From around 74-66K region, reversal bull run rally is expected which will most probably start from next month ( May 2025) and around after 8 months (October-December) we would be roaming ATH around 300K !!! which tags exactly at major resistance line. By copy pasting 2021 rally's candles pattern on current scenario, we can see exactly how things are going to shape in upcoming months.
Lets Hope For The Best !!!
Inverse H & S was formed... after breakout we got pull back & then it started 8 months rally from September 2020 To April 2021.
Then after deep bear market, we got Inverse H&S... after breakout, we got pull back & then it started 8 months rally from September 2023 To April 2024.
Now. we got big H&S... after breakout, we are getting pull back & now we are almost near at support level of H&S. From around 74-66K region, reversal bull run rally is expected which will most probably start from next month ( May 2025) and around after 8 months (October-December) we would be roaming ATH around 300K !!! which tags exactly at major resistance line. By copy pasting 2021 rally's candles pattern on current scenario, we can see exactly how things are going to shape in upcoming months.
Lets Hope For The Best !!!
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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.