Price may be creating a H&S chart pattern
We have a common neckline resistance level
Right shoulder is possibly developing
Tell us where you would ENTER and TP
We have a common neckline resistance level
Right shoulder is possibly developing
Tell us where you would ENTER and TP
Comment:
We need all you H&S experts out there. Price has fallen below left shoulder price. Does that void this trade or can the right shoulder be lower than the left as long as it does not fall below the head price level?
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towards the neckline.