Nearing the bottom of the right shoulder on an inverse H&S. Gap filling 255 before launching. Implied target of the IH&S takes you to an area of confluence being the previously failed IH&S neckline.
Note
Broke the neckline, back-tested successfully and bounced. On its way to the price target of 277.
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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.