Great setup here on TLRY with a beautiful inverse head and shoulders with my .618 retracement level acting as the neckline. We also have a sneaky pitchfork drawn in here with price reacting to the median which is known to have major price action confluence. A close below 18.05 would invalidate this setup Other notes: -The blue trend line is drawn from the same point as the pitchfork -Watch MACD for a bounce or cross on the hourly time frame
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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.