H&S within a H&S. The design is based off symmetry.
The purple channel is a potential upper resistance on the way down.
The Golden Dashed Line is where the lower bounds of the Right Shoulder could potentially be based off reflection.
Happy Trading!
The purple channel is a potential upper resistance on the way down.
The Golden Dashed Line is where the lower bounds of the Right Shoulder could potentially be based off reflection.
Happy Trading!
Note
Inverted H&S*Note
The extended dashed blue line is the recent bullish trend.
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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.
Related publications
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.