H&S projected rise / ichimoku resistance zone / giant wedge
To project inverse H&S forward, if we pretend the H&S is going to play out perfectly by the book we get a strong bull trend up to 4,500. Ichimoku Cloud on the daily happens to place strong resistance at the same area, and all movement is still within the massive descending wedge (most visible on monthly).
So if the price moves like predicted, when we reach 4,500 I would feel very confident to short hard.
So if the price moves like predicted, when we reach 4,500 I would feel very confident to short hard.
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