Strong H&S pattern with clear neckline/reversal pattern
Comment:
Trend-line becomes resistance and meets with H&S. The next move down would break strong resistance and liquidation zones and put us in the shopping zone where I would expect the market to range between 6k - 8k
Looks like an unexpected reversal triggered a bunch of sell orders but like I said breaking the reversal line would spark bullish momentum,
Comment:
Red line still acting as resistance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
www.tradingview...dline-exacetly/?fbclid=IwA...