Reverse H&S pattern seems to be forming in daily chart. It can made another buy opportunity in bottom of next shoulder! BUT after trend confirmation. sit back and watch!
Note
First step started for right shoulder. It just, wii be confirmed after support at the bottom. seller wall may drop the right shoulder, but big buys push it also ;) which one win??
Note
Despite the crossover of EMA 50 & 200 in 4H and 1H chart and 50EMA will be up the longer term 200EMA which will create a buy signal, but the bottom of right shoulder not confirmed yet, till it pass 10160-10200 area and close above it at 4H chart.
Note
Still need to close above the 10435
Note
I think it's not a real grow up of shoulder, It's just a weak pumping. I'll win if buyer back to the market.I do noting right now.
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.