Head and shoulders with proper neckline

Updated

Strong H&S pattern with clear neckline/reversal pattern

Note

Trend-line becomes resistance and meets with H&S. The next move down would break strong resistance and liquidation zones and put us in the shopping zone where I would expect the market to range between 6k - 8k

As predicted we hit the trendline exacetly.

Note

Bouncing off the reversal line

Note

Looks like an unexpected reversal triggered a bunch of sell orders but like I said breaking the reversal line would spark bullish momentum,

Note

Red line still acting as resistance

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