4hr Inverse Head & Shoulders breakout appears to be validating.
If this inverse head and shoulders breakout is confirmed om the 4hr chart that breakout target should help price action to rise back above the yellow falling wedge that we are currently testing the bottom trendline of as support. If we can maintain support on the yellow falling wedge's bottom trendline then we should very likely trigger the inv h&s breakout which should in turn help us then break upward out of the wedge. Happy Thanksgiving!
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.
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.