So we are in the 4th day trading sidways. with a range of 180-190.
We got 2 similar patterns. on the hourly chart looking back to late march. 1 with a launch up with high volume days and 1 with a drop. what does this 3rd pattern bring?
We got a triple top around the 220-225 range, between two patterns.
If volume comes, and we can break through 200 resistance and then close above 215-220 I think the trend will be +300.
if not, Possible Inverted head and shoulders coming.
Just charting, not finacial advice.
Big shout out to @Legalizedhustler.
We got 2 similar patterns. on the hourly chart looking back to late march. 1 with a launch up with high volume days and 1 with a drop. what does this 3rd pattern bring?
We got a triple top around the 220-225 range, between two patterns.
If volume comes, and we can break through 200 resistance and then close above 215-220 I think the trend will be +300.
if not, Possible Inverted head and shoulders coming.
Just charting, not finacial advice.
Big shout out to @Legalizedhustler.
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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.