HI all this is my first post doing TA.
So basically we have a inverse head and shoulders pattern playing out i would be looking to long at beak out the neckline the pattern isnt perfect but its still a inverse H&S
My target would be around 29788 as its a prev POC range we had when there was that massive sell off which ended the bull run.
That's my POV of the market, i can also be wrong so we will wait and see.
News from the FED on the 5th or 7th could damp or pamp the price
Thanks for reading
-MIntus
So basically we have a inverse head and shoulders pattern playing out i would be looking to long at beak out the neckline the pattern isnt perfect but its still a inverse H&S
My target would be around 29788 as its a prev POC range we had when there was that massive sell off which ended the bull run.
That's my POV of the market, i can also be wrong so we will wait and see.
News from the FED on the 5th or 7th could damp or pamp the price
Thanks for reading
-MIntus