Inverse head and shoulders pattern. This setup will take awhile before it becomes valid. We will be monitoring it closely.
What we are looking for would be a strong H4 breakout and retest onto the neckline structure, followed by an entry on the hourly timeframe for a move upside towards our TP area.
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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.