NAS100 H&S PATTERN OR PUSH HIGHER?
In this scenario we have a head and shoulders pattern so if we have a break of the neckline it will be a good opportunity to sell on the retest of the neckline but if the market starts closing above the confirmation box and the LOI (LINE OF INTEREST) it will push higher to create a higher high before retesting the LOI which will create a higher low then push higher.
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.