No need for a complicated analysis here.
Sometimes a line chart is better to see it clearly. A textbook H&S decline that ideally should be followed by a 30-35% relief rally.
I expect it to happen rather quickly, the more it drags, the less powerful this idea becomes.
Cheers.
Sometimes a line chart is better to see it clearly. A textbook H&S decline that ideally should be followed by a 30-35% relief rally.
I expect it to happen rather quickly, the more it drags, the less powerful this idea becomes.
Cheers.
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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.