been watching this Inverse h&s pattern forming over the last several months. I hear Inverse H&S patterns usually happen on a reversal. Well, we been bearish for a long time, so maybe the trend is reversing and this pattern will confirm so and thus start of a bullrun on ATOM?
Left shoulder formed(Sept.-Oct.). Head Formed(Nov-Jan). Right shoulder(Feb-Now) is looking over halfway formed right about now, neckline still in tact.... pattern should be validated once price gets over $13.50-
14
area. should breakout to the 20$ zone if validated.
invalidated if price drops below 9
Left shoulder formed(Sept.-Oct.). Head Formed(Nov-Jan). Right shoulder(Feb-Now) is looking over halfway formed right about now, neckline still in tact.... pattern should be validated once price gets over $13.50-
14
area. should breakout to the 20$ zone if validated. invalidated if price drops below 9