I really don't know.. The h&s pattern came up some years ago mainly in this crypto context. I mean yeah, you applied it correctly to your chart, but still I think the whole pattern is mostly hot air.
I mean look, RSI declined at 50, your stochastic points south. We would need a pretty long candle within the next two hours to get a technical momentum to the upside.
And still this pattern happily suggests an upside reversal as it's nothing.
I mean look, RSI declined at 50, your stochastic points south. We would need a pretty long candle within the next two hours to get a technical momentum to the upside.
And still this pattern happily suggests an upside reversal as it's nothing.