Quant price action currently above inverse h&s neckline
Price action is currently above the inverse head and shoulder neckline and has closed a couple candles above it on the daily timeframe. Often times price action will dip back below the neckline after this initial break above it so that is certainly possible here, however if it does validate the breakout without first dipping back below the neckline again here, I have placed the emasured move target price at the top of this dotted pink line. *not financial advice*
註釋
The fact that we now have 4 consecutive daily candle closes maintaining the enckline as precise support does increase the probability that it could validate the breakout on this initial break above instead of going back below, however a dip back below is also still a solid probability. 註釋
Target hit!!!
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