Updated

Head and shoulders with proper neckline

Strong H&S pattern with clear neckline/reversal pattern

Note

Trend-line becomes resistance and meets with H&S. The next move down would break strong resistance and liquidation zones and put us in the shopping zone where I would expect the market to range between 6k - 8k

As predicted we hit the trendline exacetly.

Note

Bouncing off the reversal line

Note

Looks like an unexpected reversal triggered a bunch of sell orders but like I said breaking the reversal line would spark bullish momentum,

Note

Red line still acting as resistance

atomica

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

atomica

Also on: