3daychart H&S pattern fakeout confirmed; must overcome 1day 50ma

Very positive sign here as we not only were able to crawl back inside the green symmetrical triangle pattern and prove the breakdown of that pattern to be a fakeout we also have managed to do the same with the big red ascending head and shoulders pattern before today's 1 day candle close; essentially confirming it's breakdown to have been a fakeout as well...patterns as massive as these 2 were can fake a lot of people out by closing multiple 1day candles below the trendlines...usually if you see this with no bearish momentum surge to go with it (and in this case bullish divergence was showing),then a fakeout is likely. In this case, it took about 6 1day candles from the time price action broke under the ascending red neckline of the h&s pattern to the time it climbed back above and confirmed the fakeout. The reason it was able to stay below the neckline so long without triggering the breakout is because the H&S pattern is actually most valid as a 3 day chart pattern instead of a 1 day chart pattern. The same appears to be true about the green symmetrical triangle pattern as well. Anyways currently we have just closed another 1 day candle just under the 1 day 50ma but more importantly above the ascending red neckline of the 3day head and shoulders pattern...We retested that neckline a few times before the close as well and was good to see it respond as solid support. As long as the red ascending trendline can maintain that support we should see price action flip the 1 day 50ma back to support as well. We also currently have a potential inverted h&s pattern that could be playing out here as well..if so we may see a slight pullback once we test the thin horizontal yellow line in order to complete a right shoulder...that is currently speculative but something to keep in mind.