US30 Potential Inverse Head and Shoulders
Price has retraced 50% of the last up move. There is significant support just below the .618 level. If prices continues down to this level an inverse head and shoulders pattern may result, potentially signalling another solid move up.
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.