H&S prediction 5k area
Updated
Potential H&S with target support characteristics
- Neckline support confirmation on the previous rising wedge resistance
- Second shoulder topping on the current run's fib 78% (equaling the shown 23% of the red reverse fibonacci)
- key target on the convergence of the macro bull run from 3000's 50% trace / major macro from 1800's 61% trace / plus previous 4600 strong resistance
- Neckline support confirmation on the previous rising wedge resistance
- Second shoulder topping on the current run's fib 78% (equaling the shown 23% of the red reverse fibonacci)
- key target on the convergence of the macro bull run from 3000's 50% trace / major macro from 1800's 61% trace / plus previous 4600 strong resistance
Trade closed: stop reached
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