Bears will probably be paying attention to this pattern forming on the daily. I myself am not going short, but I would love to hear you made some money off this one. Things that are interesting:
- measured H&S profit area, exactly matches:
--- rounded .68 number
--- earlier high (green box in march)
- rsi divergence around the neckline and
- failure to go higher right shoulder with massive selling volume
- measured H&S profit area, exactly matches:
--- rounded .68 number
--- earlier high (green box in march)
- rsi divergence around the neckline and
- failure to go higher right shoulder with massive selling volume
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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.