Inverse head on shoulders pattern playing out nicely, watching for a break of 1.54 neckline area for a continuation.. Watch for break of the counter trendline as well
Note
potential entry on the 4 hour close above & retestNote
target 1 hit then price reversed.. its always important to put stop loss at entry just incase price does what it did hereDisclaimer
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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.