I just published an idea that confirmed a H&S formation and have retested the neckline as support.
On the other hand.. IF (big if) we cross the red downtrend line we will have broken back over neckline of the bigger H&S (that takes us down) and formed an inverse H&S that should take us higher. Or at least slow or descent.
Won't be easy to cross those lines (pink and red).. imho.
On the other hand.. IF (big if) we cross the red downtrend line we will have broken back over neckline of the bigger H&S (that takes us down) and formed an inverse H&S that should take us higher. Or at least slow or descent.
Won't be easy to cross those lines (pink and red).. imho.