SXTUSDT Forming Head and Shoulder ?
Just a thought of what I see visually in the SXT chart.
1hr TF I see the 3rd shoulder completing if price drops down to complete the H&S pattern. It is also at the point in a triangle where we would expect price to break up or down.. if price does in fact drop to .65 it will be a double confirmation; break down from triangle & completion of H&S pattern..
Not advice, just an opinion based solely on visual charting & pattern recognition.
1hr TF I see the 3rd shoulder completing if price drops down to complete the H&S pattern. It is also at the point in a triangle where we would expect price to break up or down.. if price does in fact drop to .65 it will be a double confirmation; break down from triangle & completion of H&S pattern..
Not advice, just an opinion based solely on visual charting & pattern recognition.
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