DAILY> H&S pattern identified
> price is currently trading at neckline of right shoulder
>RSI just above 50 in the upward direction
4HR> initial rejection of neckline
> price found support at 108.450 level
PREDICTION> IF price breaks and closes above neckline, THEN i predict price to continue upward to the next level of res (109.700)
If price rejects this then i have no entry.
> price is currently trading at neckline of right shoulder
>RSI just above 50 in the upward direction
4HR> initial rejection of neckline
> price found support at 108.450 level
PREDICTION> IF price breaks and closes above neckline, THEN i predict price to continue upward to the next level of res (109.700)
If price rejects this then i have no entry.