LUNA 1H IDEA

30 oct. 2021

Inverted H&S which I drew while it was happening, into BP and then a break out with a drop after the flash crash. Cup and Handle seeming to be formed. Orange box is historical support and resistance area, and the fib levels area accurate for both H&S and C&H, almost all major price action taking place along orange box or a fib level.

1 nov. 2021

Commentaire

Forgot to add that if cup and handle is not respected, I still expect the fibs and the hsitorical support and resistance to be accurate, as they have been accurate for a long while