Long
Massive accumulation phase is over; breakout follows
In this video I've shown an inverse H&S pattern which has formed over the past 9 months. This indicates clear signs of accumulation by institutional investors. What follows next is a markup phase due to some catalyst.
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.
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.