it is hanging above 20DMA.
looks like inverted H&S on daily chart.
if it doesn't sustain above 20DMA, we may see right shoulder.
it is making lower highs and lower lows on daily chart.
looks like inverted H&S on daily chart.
if it doesn't sustain above 20DMA, we may see right shoulder.
it is making lower highs and lower lows on daily chart.
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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.