Head and Shoulders pattern
If you agree with this, check Tom Hall, he seems to have found a H&S pattern on the daily frame.
The right shoulder has been measured, so if it does not break before the period of time the right triangle covers, momentum is being lost and the probability for the pattern to be valid will drop.
The right shoulder has been measured, so if it does not break before the period of time the right triangle covers, momentum is being lost and the probability for the pattern to be valid will drop.
Note
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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.