SGX Nifty is forming a possible inverted H&S bottom. I prefer necklines that are horizontal. Down-slanted necklines on inverted H&S patterns add doubt to the situation. Nevertheless, bulls should be on the alert if this H&S is completed with a wide bodied green bar.
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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.