Looks like a decent H&S in the making here. But, the rally prior to it was very strong one. So it could turn into a bullish wedge, but when looking at the daily, it could be the short term high is already set. I have 2 targets, as you can see the trade i posted and the second one i will use is the yellow circle. I am waiting for a better entry, like the blue line.
Previous analysis:
Previous analysis:
Note
Made a quick move up, so i am still waiting for some weakness. Break of this trend line on the left might be a good one. Seeing it move a bit like the blue line, than i will tray to get in with half. It has to stay below the red zone!Trade closed: stop reached
Opening now way above the stop price. Seems that big inverse H&S i had in mind a week ago might be in play again. But could still turn into a bearish wedge, depends on the pullback and the next push up. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.