A completed inverse H&S here followed by a 50% retrace of the final move from the bottom of the right shoulder to the extension. This should be a very good buy price here in anticipation of the price moving up toward the 161% Fib extension.
We have a completed inverse H&S here followed by a retrace of approximately 50%. There is a small chance of a slightly better entry, but advisable to think about taking up positions soon to take advantage of the upcoming golden cross. Certain to retest the recent high, but I'd be looking towards the 161.8% Fib extension at this point around 4.3p