My first published idea. Still learning patterns, trends, indicators, etc. Asking for advice and constructive criticism on my idea, please!
What I see here is a classic H&S pattern and a rising wedge pattern.
Suggestions and advice on my TA is greatly appreciated! What other indicators can I look for to better predict the possibilities?
What I see here is a classic H&S pattern and a rising wedge pattern.
Suggestions and advice on my TA is greatly appreciated! What other indicators can I look for to better predict the possibilities?
Kommentera:
Not only did we break below the bottom of the downward channel, the 1 hr candle closed below it. Strong bear indicator.
If we break below the bottom of the neck line, what would our next target be?
If we break below the bottom of the neck line, what would our next target be?
Next target is the neck of the H&S pattern.
What do you think, will we bounce there or drop further?!