ONLY GO LONG IF THE HEAD AND SHOULDER COMPLETE AND IT MAKES A PULLBACK TO THE TREND LINE. It is sitting on MAJOR MAJOR MAJOR Support on the daily/weekly TF. The trend line that it is sitting at is the part of the channel its been in, just chopped down to make it more simple and easy on the eyes. Market looks worn out, making bullish divergence on the MACD, If the market doesn't show me the confirmation that I'm wanting to see, ill still be short.
Note
Never broke the trend line so this mark up is invalid
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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.