ACC: I see Inverted H&S and at the right shoulder side. cup & handle pattern. Looks like the breakout is yet to happen. but if it happens target1 is near 3325. Also from the previous high retracement was up to 50% but closing happened above 38.2%, which was the closing above the last swing high. Need more light on this.
Can we identify the pattern? Whether it is a flag pattern or three black crows?
Any idea? Will it go upward or downward? It looks like it's forming a triangle. RSI of a daily chart showing divergence
I'm open for your opinion. Is this a bearish flag?
Any idea where it can go? bullish or bearish? It looks like it is forming triangle. It started with a hanging man. It looks like going bearish. Any suggestion?