Inverse Head and Shoulders on the 4 hour
Looking at an inverse head and shoulder (in yellow), if it holds above the 1.61 price range we could be looking to launch. Possibly finished a first wave in elliot theory although I am new to that technique. I drew fib lines to the right, as we have nicely touched the .618 for support and back up to test resistance. Please share your thoughts or ways I can improve technical analysis. Not financial advise! Best of luck.
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