Long
Possible inverse Head and Shoulders Pattern building up
**No Financial Advice**
Just some thoughts on what I see.
- Building up a huge inverse head and shoulders pattern
- Left shoulder, Head and right shoulder are building up higher lows on the RSI
- Right shoulder bottom could be in line with long term macro trend bottom line and the upper trend line re-test of the downtrend channel between May and October
- Areas to watch would be the price range of the left shoulders bottom and both trend lines I mentioned before
Due to the market nuke yesterday - this idea is highly risky. But I cannot unsee those signals.
Just some thoughts on what I see.
- Building up a huge inverse head and shoulders pattern
- Left shoulder, Head and right shoulder are building up higher lows on the RSI
- Right shoulder bottom could be in line with long term macro trend bottom line and the upper trend line re-test of the downtrend channel between May and October
- Areas to watch would be the price range of the left shoulders bottom and both trend lines I mentioned before
Due to the market nuke yesterday - this idea is highly risky. But I cannot unsee those signals.
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.
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.