The movement has not been able to penetrate the ema 100 line. The channel formed is a forwarding channel, rising wedge. If this last 4H candle is closed below the green candle, it will be a strong signal for this pattern to be succeed when the support channel of the pattern succesfully broken.
Note
Analysis didn't match. It had already inverted head & shoulders pattern.
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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.