Still watching for 12-12.15K

Morning folks,

Here is short update of our previous setup, use this chart in combination with previous one - 4H H&S potential pattern. Recall, that there, on 4H we're watching for the right top that theoretically should be completed around 12-12.15K area. Market has started gradual action to it.

Meantime on 1H shart, right around neckline of large pattern, we have potential reverse H&S that could work as foundation for this upside action to 12-12.15K area. Now it almost stands in place and again - needs to form the right arm as well.

Thus, combining of these two patterns intraday traders could use these setups, depending on personal opinion. Want to buy - follow reversed pattern, sell - wait for completion of the larger one. In both patterns follow to classical approach, as invalidation point of h&S is the head. Control the way how market forms it, price has to hold harmonic balance between the shoulders as well.