Possible inverse Head and Shoulders Pattern building up
**No Financial Advice**
Just some thoughts on what I see.
- Building up a huge inverse head and shoulders pattern
- Left shoulder, Head and right shoulder are building up higher lows on the RSI
- Right shoulder bottom could be in line with long term macro trend bottom line and the upper trend line re-test of the downtrend channel between May and October
- Areas to watch would be the price range of the left shoulders bottom and both trend lines I mentioned before
Due to the market nuke yesterday - this idea is highly risky. But I cannot unsee those signals.
Just some thoughts on what I see.
- Building up a huge inverse head and shoulders pattern
- Left shoulder, Head and right shoulder are building up higher lows on the RSI
- Right shoulder bottom could be in line with long term macro trend bottom line and the upper trend line re-test of the downtrend channel between May and October
- Areas to watch would be the price range of the left shoulders bottom and both trend lines I mentioned before
Due to the market nuke yesterday - this idea is highly risky. But I cannot unsee those signals.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.