Price may be creating a H&S chart pattern
We have a common neckline resistance level
Right shoulder is possibly developing
Tell us where you would ENTER and TP
We have a common neckline resistance level
Right shoulder is possibly developing
Tell us where you would ENTER and TP
Note
Price fell to left shoulder price level and has now bounce bullish headingtowards the neckline.
Note
We need all you H&S experts out there. Price has fallen below left shoulder price. Does that void this trade or can the right shoulder be lower than the left as long as it does not fall below the head price level?
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Disclaimer
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.