Inverse H&S Forming on Daily TF – Price Testing Resistance Trendline. What’s Next?
An Inverse Head & Shoulders (H&S) pattern is taking shape on the daily chart, suggesting a potential bullish reversal. Price is now testing a key resistance trendline—will it break through?
🔹 Bullish Confirmation: A breakout above resistance could confirm the pattern, targeting higher levels.
🔹 Bearish Rejection: If price gets rejected, the setup may fail, leading to a retest of nearest support.
Key Levels: Neckline (resistance) & trendline breakout zone. Thoughts? #PriceAction #TradingSetup
An Inverse Head & Shoulders (H&S) pattern is taking shape on the daily chart, suggesting a potential bullish reversal. Price is now testing a key resistance trendline—will it break through?
🔹 Bullish Confirmation: A breakout above resistance could confirm the pattern, targeting higher levels.
🔹 Bearish Rejection: If price gets rejected, the setup may fail, leading to a retest of nearest support.
Key Levels: Neckline (resistance) & trendline breakout zone. Thoughts? #PriceAction #TradingSetup
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。