Head and Shoulders?!
A possible H&S Pattern is forming in the 4H timeframe.
KEY POINTS:
• Missing shoulder might form on the rejection of R1
• Consolidating inside a rising channel(bearish imo)
• Regular bearish divergence on the RSI
• Target is exactly confluent with the weekly pivot.
Leave your thoughts on the comments!
-jisooturtlerabbitkim
KEY POINTS:
• Missing shoulder might form on the rejection of R1
• Consolidating inside a rising channel(bearish imo)
• Regular bearish divergence on the RSI
• Target is exactly confluent with the weekly pivot.
Leave your thoughts on the comments!
-jisooturtlerabbitkim
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