I see a Inverted Head and Shoulder pattern on 4 hr Tf this led me to believe i have a bullish opportunity. Further analysis i see a falling resistance that has potential of being broken out of depending on the momentum the candle posses at this time. Going on Daily TF i see this same type of trend line broken from momentum and i have concluded there is definitely bull power. It can either come back and give us a entry at right shoulder/ or wait for the breakout at the neckline to get a retest and continue up.
- PGP :)
- PGP :)