divergence + H&S break-out
H&S formed and broke out from the latest bottom.
1h divergence formed at the bottom. There was also 4h divergence there.
The head to neckline break-out level coincides with the bigger fib level.
Very likely we at least move back to that price for a bit.
1h divergence formed at the bottom. There was also 4h divergence there.
The head to neckline break-out level coincides with the bigger fib level.
Very likely we at least move back to that price for a bit.
Trade closed: target reached
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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.