H&S- one of many patterns playing out in the short-term. Volume movements seem to confirm pattern.
Note
break below the fib levels - 0.786 and 0.618 - would further confirm this pattern. Also points of reversalNote
one leg down at 3/1 - 2/1 in the fan could be a reversal point - may not touch 0.786 fibTrade closed manually
pattern failed, very bullish market conditionsNote
market wet back into gann fan, fan supports holding very well
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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.