If it can sustain the golden cross then it should validate this inv h&s breakout and head to the $70 target. We can see it has already broke above the neckline once need to see it back above again and maybe close a weekly candle or 2 above it. On its way to the 70 dollar target it would create bigger inv h&s patterns/necklines along the way that would also most likely confirm a breakout from and lead to even bigger targets but we must take this one step at a time first….as of now we haven’t even confirmed this first one will breakout just yet. *not financial advice*
Kommentera:
Dash continuing its way to the breakout target. It appears the breakout has been confirmed.
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Click play and you can see how the measured move line (dotted line) is acting as support.
Kommentera:
Target hit!