A Inverse head and shoulder breakout is spotted in sat industries daily timeframe, its breaking 2 months of consolidation at 102.
TARGETS :- 117/125
HEAD AND SHOULDER :-A head and shoulders pattern is a technical indicator with a chart
pattern of three peaks, where the outer two are close in height, and the
middle is the highest.
INVERSE H&S :-An inverse head and shoulders pattern predicts a bearish-to-bullish
trend.
TARGETS :- 117/125
HEAD AND SHOULDER :-A head and shoulders pattern is a technical indicator with a chart
pattern of three peaks, where the outer two are close in height, and the
middle is the highest.
INVERSE H&S :-An inverse head and shoulders pattern predicts a bearish-to-bullish
trend.
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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.