S50H saga continues, how will it end??
S50 has refused to trigger the H&S pattern and [yesterday] broke out from a 65 min inside bar, with a retest gap, from which it went directly north from, until about 3 pm [where a new inside bar was created] and the retest started to finish the day with the buyers taking over as the leader.
As long as the H&S wont come real, I am back on the flag pattern, which now has turned into a [large] pennant flag, with the target of about 1200.
A breakout from the sideways movement will tell us, this is a breather in the 2nd phase or a 3 phase top and who will be smiling in the end, the sellers or buyers
As long as the H&S wont come real, I am back on the flag pattern, which now has turned into a [large] pennant flag, with the target of about 1200.
A breakout from the sideways movement will tell us, this is a breather in the 2nd phase or a 3 phase top and who will be smiling in the end, the sellers or buyers
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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.