VIC did bounce up but got strong rejection at the neckline thus confirming H&S pattern. Note we still have active bullish divergence and are close to oversold range so this might have been fakeout. So if shorting do it with thight stop loss - note if we break diagonal resistance line of right shoulder then H&S pattern is invalidated and we go for test pivot at 2$ range.
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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.