If you look at the past 4-5 strong reversals, they have almost ALL been H&S reversals. I'm going to go ahead and throw this out there!
November is approaching quickly, and is a month where these prices tend to spike. Not always, but likely.
Price might go down to 2.13-2.15 area and back to neckline. RSI divergence on H1 plot.
If it breaks this, next strong levels are 2.0 and 1.8 based on fibonacci and past supports.
Just an idea -
November is approaching quickly, and is a month where these prices tend to spike. Not always, but likely.
Price might go down to 2.13-2.15 area and back to neckline. RSI divergence on H1 plot.
If it breaks this, next strong levels are 2.0 and 1.8 based on fibonacci and past supports.
Just an idea -
Nota
Playing out exactly as I had expected. As I was first here to call the H&S reversal for this time frame, I will gladly stand by this sentiment. Temps are becoming colder, and I think we can expect a bounce at 2.22-2.23 area.Stop loss in place if it moves past shoulder length.
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.