C+H is usually a sign of bullish continuation and NOT at the end of a downtrend.
However, this still may play out as a C+H would. Reversal/Continuation patterns do rarely emerge in reverse.
Long @ break of 0.764 fib
However, this still may play out as a C+H would. Reversal/Continuation patterns do rarely emerge in reverse.
Long @ break of 0.764 fib
Note
Trade closed: target reached
C+H took a while to play out, but it played out
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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.