TRX: H&S in daily chart
The previous H&S pattern shown on the chart failed and ended in a bullish move. There is another H&S forming on the daily chart.
- We have to conquer very strong support to complete the bearish move of the newly formed H&S.
- If the H&S pattern fails, at first we have to battle the red EMA50 and then the blue weekly downtrend line to complete the bullish move.
Either way, this is too soon to judge and we have to wait for a few days.
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- We have to conquer very strong support to complete the bearish move of the newly formed H&S.
- If the H&S pattern fails, at first we have to battle the red EMA50 and then the blue weekly downtrend line to complete the bullish move.
Either way, this is too soon to judge and we have to wait for a few days.
Please hit LIKE if you agree with this idea.
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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.