ABC Correction
H&S formation ?
H1 : Bull divergences (see green lines on indicators) + hidden bull divergence (look at the price standing higher low compared to point 4 while the RSI goes lower low)
Daily : Bearish hidden divergence + divergence on stochastic
Correction until 0.5 level or further ?
(logarithmic chart, you can see the rising wedge that nobody saw with linear chart)
H&S formation ?
H1 : Bull divergences (see green lines on indicators) + hidden bull divergence (look at the price standing higher low compared to point 4 while the RSI goes lower low)
Daily : Bearish hidden divergence + divergence on stochastic
Correction until 0.5 level or further ?
(logarithmic chart, you can see the rising wedge that nobody saw with linear chart)
Comment:
Head and shoulder validated, faster with a lower pullback than planned
Comment:
Actually one of my only successfull analysis in early 2018
Keep an eye on volumes