Change of structure
Earlier I posted an idea with a bullish flat, but have not got a confirmation.
It has transformed into a nice head and shoulders pattern.
RSI triple divergence formed earlier (or, you may treat it as a trend line resistance, I missed it totally))
Now price, having broken the neckline, is forming a flag, confirming the local reversal.
Interesting
Trade safe
It has transformed into a nice head and shoulders pattern.
RSI triple divergence formed earlier (or, you may treat it as a trend line resistance, I missed it totally))
Now price, having broken the neckline, is forming a flag, confirming the local reversal.
Interesting
Trade safe
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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.
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.