BATS:BUD   Anheuser-Busch Inbev SA Sponsored
TA, I think, should be reactive, not predictive, but occasionally it's fun to predict - so here goes:

- I could see this H&S (pink) inside a H&S (purple) playing out. or at least it's a possibility
- The only real pattern here is a triangle, which would be a continuation pattern resulting in lower price action
- I think I see some confluence with the fibs too
- Volume continues to fall since the peak back in March
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.