Beautiful set up
as u can see.. the price pulled back to the very significant level 0.618 FIBO and bounced back. Now testing the resistance. It might succeed to break the resistance.. or will pull back to the trendline support before hiking up again.
Overall.. from a bigger frame u can also spot inverted H&S forming.
Overall.. from a bigger frame u can also spot inverted H&S forming.
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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.