Inverse Head and Shoulders forming on the 1 hour

6 Mar 2020

Hey guys!

Trades went well yesterday, but we haven't yet reached the breakout target of $9.4(ish) from the inverse head and shoulders.

It looks like we now have a Head and Shoulders forming on the 1 hour which if confirmed, it looks like we could head back down to retest the 1:1 Gann Fan that is the Inverse Head and Shoulders neckline from the break up.

We'll see what we're looking like after the move down, depending on momentum -we could head back up and reach the previous target of $9.4.

Would love to hear what you all think! Do you think we're heading back down? Or do you think this is a Bull Flag?

Thanks for checking out my analysis!

6 Mar 2020

Not

*Head and shoulders (NOT INVERSE) typO