The head & shoulders pattern is still in play until the downward sloping resistance on the RSI is broken flush creating a higher high.
We may have seen a fake-out to the downside, only time will tell but the bullish patterns have not been negated.
We may have seen a fake-out to the downside, only time will tell but the bullish patterns have not been negated.
Comment:
The same chart displaying a potential inverted head & shoulders.
Comment:
The same chart but instead of candles it's a 5-year chart, this is on a log scale btw.
