I will be patiently watching how this ihs in formation unfolds.
Drop below right shoulder should indicate failure.
Drop below right shoulder should indicate failure.
Note
Additionally there is a small double bottom forming on smaller timeframes. Note
See small blue parallel trendlines.Note
I'm having some doubts this will succeed, as there is no buying pressure...Note
And it did go up. I scalped a small short there, but nothing serious. Let's see how this unfolds first. I got no better idea here.
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.
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.