Some bullish sentiment coming in after Wed but by Thursday night price dumped again and now forming a channel with divergence . I am still keen to short but this time bullish has a reason to go long with the inverted head and shoulders. The crucial level will be 2669 for me and I am looking for a min. h4 candle close to reenter short. A close below this means the...
an inverted heand and shoulders has been completed and I am now monitoring for a neckline retest to go long. The neckline support will be based on d1 line chart and I will be monitoring the neckline f6 area for a good test.
The UT 30' chart shows what I believe to be an inverted Head & Shoulders, which if confirmed has 9640 as target
Inverted head and shoulders on multiple time frames. 1st target is the gap at $6.08 Second target Gap fill at $6.62. Potential 30%+ return setup. Also Very Strong Buy signaled not he weekly chart this week. (Posted Chart yesterday).
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