VFI positive recently found support on the EMA and above 200MA,should test target zone despite the low quality of mini H&S both in structure and due to lower timeframe of 2hours,patterns are greater indicators of future movement when they show on longer timeframes,last for a long time and have firmer structure.Price may retest support before heading up,note recent double bottom though,usually a positive signal for an uptick though they where all time lows,should still be positive in effect
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.