40+ Day Inverted Head & Shoulders
Bullish Reversal Pattern
Neckline resistance questionablly diagonal
Volume profile essentially descending barring the head
Target based on; measured move, fib extensions, previous horizontal resistance
Throwback to diagonal zone of resistance turned support is possible after neckline break
Note: previous H&S broke SL at Right Shoulder and completed anyway. May see a similar pattern here.
Neckline resistance questionablly diagonal
Volume profile essentially descending barring the head
Target based on; measured move, fib extensions, previous horizontal resistance
Throwback to diagonal zone of resistance turned support is possible after neckline break
Note: previous H&S broke SL at Right Shoulder and completed anyway. May see a similar pattern here.
註釋
currently in throwback area to confirm previous resistance as supportfinancialwhirlpool.com/index.php/technical-analysis/head-and-shoulders
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