from my subjective pov, ERGO's now trying to form the right shoulder in order to set fully up the inverse head & shoulder pattern & also has been forming the bull divergence which both of these signal for price reversal. as per now, im still hoping the right shoulder can be fully formed despite the macro uncertainty that we currently facing on
Kommentera
if this pattern ain't gonna play out then it would probably be forming Eve & Adam version of double bottom with the neckline at 2.5
Kommentera
*NFA
Kommentera
well looks likely the inverse H&S gets invalidated
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.