15min cup/handle forming on 4hr IHS (right Shoulder)
This chart is link to my 4hr inverse head and shoulders chart. Bulls need to re-capture the $1259.00 level also (spike level for moving avgs to cross over). $1265 confirms 4hr Inverse Head and Shoulders pattern. I had originally made this chart private, but decided to repost to make it public.
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first saw the pattern it tested the bottom of the .382% fib level
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Daily Chart still shows an uptrend from the beginning of 2017. I'm looking for my ema's to cross spike level soon, still need to take out that Nov resistances level
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Notice what you see on the Daily Chart is identical to what you see on the 15min chart, just smaller time frame w/ condense price and focus
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If we get the spike on the 15min chart, it should lift prices on the 4hr chart to $1265, which would confirm the IHS
you can follow this live chart below on the related idea
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monitoring the 30min chart
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could be forming a rounding bottom so cup could be forming
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4hr chart
