h&s perfectly in sync with resistance
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very bullish just because o the h&s but i dont think we will go past the resistance (blue line ) ..... we will bounce off and continue the down trend.
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show support and follow or thumbs up
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we just reached 7500 take some profits
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There is a possible bigger H&S that will start a bull rally to give us a chance at 10k again ! but there is requirement it needs to meet to even start to think of it as an opportunity .
1.we have to reach 7700 to complete the head properly.( which is in sync with our smaller h&s target and the resistance )
2. then make a right shoulder.
1.we have to reach 7700 to complete the head properly.( which is in sync with our smaller h&s target and the resistance )
2. then make a right shoulder.
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follow and like :)
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the h&s is now a possibility the head just formed now we need the right shoulder
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blue line is now acting as a strong support
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interesting stuff happening..... manipulation warnings....take position calls from top authors here which is fishy btw... who in the right mind buys in on something that shows high rsi on the day,8hr,4hr,1hr ...... something fishy is going on for sure all i can say is there are much more better opportunites to make money im staying on the sidelines and watching this closely and by that i mean im gojng to sleep with alerts because i have been up all night ..... rsi has not been this high on the day chart since dec 2017