ETC Inverse H&S Textbook example
Base formed @ approx $25
Head formed @ approx $14
High volume after right shoulder confirms breakout
H&S target = (Base-Head) + (Base)
= (25-14) + (25) = $36
Base formed @ approx $25
Head formed @ approx $14
High volume after right shoulder confirms breakout
H&S target = (Base-Head) + (Base)
= (25-14) + (25) = $36
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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.