Change of structure
Earlier I posted an idea with a bullish flat, but have not got a confirmation.
It has transformed into a nice head and shoulders pattern.
RSI triple divergence formed earlier (or, you may treat it as a trend line resistance, I missed it totally))
Now price, having broken the neckline, is forming a flag, confirming the local reversal.
Interesting
Trade safe
It has transformed into a nice head and shoulders pattern.
RSI triple divergence formed earlier (or, you may treat it as a trend line resistance, I missed it totally))
Now price, having broken the neckline, is forming a flag, confirming the local reversal.
Interesting
Trade safe
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