Reverse H&S pattern seems to be forming in daily chart. It can made another buy opportunity in bottom of next shoulder! BUT after trend confirmation. sit back and watch!
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First step started for right shoulder. It just, wii be confirmed after support at the bottom. seller wall may drop the right shoulder, but big buys push it also ;) which one win??
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Despite the crossover of EMA 50 & 200 in 4H and 1H chart and 50EMA will be up the longer term 200EMA which will create a buy signal, but the bottom of right shoulder not confirmed yet, till it pass 10160-10200 area and close above it at 4H chart.
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Still need to close above the 10435
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I think it's not a real grow up of shoulder, It's just a weak pumping. I'll win if buyer back to the market.I do noting right now.
Despite the crossover of EMA 50& 200 in 4H and 1H chart and 50EMA will be up the longer term 200EMA which will create a buy signal, but the bottom of right shoulder not confirmed yet, till it pass 10160-10200 and close above it at 4H chart.
devisco
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bro wanted some help.... can u help me out... ??? Iam also an Indian..
@devisco, sorry I'm not Indian
I suggest you to read exact analysis of MagicPoopCannon, who is one the best! It'll be helpful.
You can find in below link
devisco
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@ShivaNICKARIA, its something else actually, Iam using the free version of trading view and cant find the Fibonacci retracement nor projection tool .... where can I find it ??