Main trend is up and bearish h&s pattern formed, but If we stick with the trend we should expect higher prices to the upper channel.
Therfore i will wait price to reach the support zone and buy there after a clear reversal pattern will be formed.
If that what will happen it will tell me that h&s pattern is going to fail and price will shoot up.
Best of luck :-)
Therfore i will wait price to reach the support zone and buy there after a clear reversal pattern will be formed.
If that what will happen it will tell me that h&s pattern is going to fail and price will shoot up.
Best of luck :-)
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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.