Hello there :)
We are in a downtrend but with the inverse head and shoulders the chances of us continuing down are very slim.
Yes we were unable to break the neck of the head and shoulders but we were unable to see bullish momentum either...
This is how the retest looks when paired with the RSI. It is a divergence indicating weakness
for selling.
This is a weak setup but it is worthy to be published
We are in a downtrend but with the inverse head and shoulders the chances of us continuing down are very slim.
Yes we were unable to break the neck of the head and shoulders but we were unable to see bullish momentum either...
This is how the retest looks when paired with the RSI. It is a divergence indicating weakness
for selling.
This is a weak setup but it is worthy to be published
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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.
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.