Profound_Ambition

SPX500USD H1

Long
Profound_Ambition Updated   
OANDA:SPX500USD   S&P 500 Index
Price has made an inverse head on shoulders pattern & closed above the neckline to finish off last week. This upcoming week, I am looking for price to retest the broken neckline resistance, as new support for price to resume higher into resistance & complete the pattern. Price is in a strong uptrend as well, which makes this pattern more powerful ..
Comment:
US30 on H4 timeframe: Bullish triangle breakout, expecting more upside for indices this week.
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.