Just throwing a quick idea down before going to get some chinese takout.
Possible H&S reversal forming? Would be a bit weak with the down-sloping neckline.
Possible H&S reversal forming? Would be a bit weak with the down-sloping neckline.
Note
Shape is a bit different than prediction, but inverse head and shoulders continues to form. Could be indication of small breakout to upside as we approach neckline if there is volume to support. Target would be about 810 which brings us back to the downsloped dashed line that will be resistance to getting any higher.
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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.