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FET macro inverse H&S

2266
FET has formed a macro inverse H&S, weekly chart showing a break out from the neckline and is already half way up its measured move along with a nice upwards momentum.
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similar fractal being printed as prior uptrend move, also appears to be in a possible 5th elliot wave. another short pump up to the 1.618 is possible all pending where BTC decides to go.
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Target for inverse H&S was reached, did not quite make it up to the 1.618 yet on the macro fibs. Similar fractal formed as first previous pump out of its bottom structure. Moving fib placement to local recent breakout for retracement bounce swing and pivot points. snapshot
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Fet sitting in the golden pocket, also on macro support levels from sept 9 2021
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Fet has marked lows on june 18th same as prior years
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CBKWahoo
Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
CBKWahoo

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.