Hello,
i noticed this formation a few month ago, but now as the right shoulder starts to build the information, i want to publish this one.
Long term ( 6 - 18 month ) short is possible!
Massive downmove awaiting if this SHS is playing out.
Red line shows difference between head and baseline = possible move down.
And you can see divergence in the RSI .
200 MA (month) is huge support, if we will reach this region, that could be a nice long entry!
Good luck and greetings!
i noticed this formation a few month ago, but now as the right shoulder starts to build the information, i want to publish this one.
Long term ( 6 - 18 month ) short is possible!
Massive downmove awaiting if this SHS is playing out.
Red line shows difference between head and baseline = possible move down.
And you can see divergence in the RSI .
200 MA (month) is huge support, if we will reach this region, that could be a nice long entry!
Good luck and greetings!
Nota
Actually, this was going much faster than expected.Sure, the panic because of corona was a big catalyst!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.