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You see it. HNS
Cup and handle.
Wait for atleast 3 daily candle to close above or below the trendline
TP target is at 128.5
Im shorting it for now and will only go long after a few confirmation.
Damn. This guy looks like Inverse Head & Shoulder. I might have to change my mind about my previous idea.
If it pass 143 i'll go LONG. Might also just a retracement of a downward breakout.
Trendline break and a couple of Daily candle below the trendline.
On the H4, it seems like a legit inverse H&S. I am waiting for more candle to come out..
1) Price already violates trendline .
2) High volume when price penetrating the trendline .
3) Price violates trendline on the RSI .
1) Price already violates trendline.
2) High volume when price penetrating the trendline.
3) Price violates trendline on the RSI