This inverted Head and Shoulder looks weak, even though we got a right shoulder, the volume doesn't look perfect. I am keeping my hands still right now, the Monthly Pivot needs to be broken first until this pattern can play out nicely. I am not sure this will happen. With this probably being declined, the 8k Yearly Pivot comes back into my game.
Above Monthly Pivot I´ll swap to longs.
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No financial advice. NeruSuite v5 - advanced technical analytics tool. #dyor
Above Monthly Pivot I´ll swap to longs.
_____________________________________________________________________________
No financial advice. NeruSuite v5 - advanced technical analytics tool. #dyor
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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.