I have been given a bit of clapback for the identification of this so I thought I would make a post.
Regardless of the RS being higher than the Head in the pattern, it can still be viewed as a H&S pattern, due to the predictability of the RS's downward move that will occur following its formation
Comment thoughts below
Regardless of the RS being higher than the Head in the pattern, it can still be viewed as a H&S pattern, due to the predictability of the RS's downward move that will occur following its formation
Comment thoughts below
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