Great setup here on $tlry with a beautiful inverse head and shoulders with my .618 retracement level acting as the neckline. We also have a sneaky pitchfork drawn in here with price reacting to the median which is known to have major price action confluence.
A close below 18.05 would invalidate this setup
Other notes:
-The blue trend line is drawn from the same point as the pitchfork
-Watch MACD for a bounce or cross on the hourly time frame
A close below 18.05 would invalidate this setup
Other notes:
-The blue trend line is drawn from the same point as the pitchfork
-Watch MACD for a bounce or cross on the hourly time frame