QuantUpdated Quant flirting with a inverse h&s breakout
No confirmation yet and its always imperative to wait for confirmation…should it confirm the breakout, the target is $90. Waiting for not just a candle close above the white neckline, but also a follow up confirmation candle to show us a bullish impulse.
Note
Looks like quant is going to confirm this breakout. If the current candle closes in its current price range I’m comfortable personally considering this a valid breakout.Note
Target hit precisely!Note
After hitting my initial target priceaction went on to form a brief bullflag which it has also already broken up from and hit its target as well.
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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.