CHIQ - Inverted H&S Intraday

Global X MSCI China Consumer Discretionary ETF (AMEX:CHIQ)

AMEX:CHIQ Global X MSCI China Consumer Discretionary ETF

CHIQ has formed a nice inverted H&S on this daily timeframe
Currently CHIQ is within a nice bull stretch and is looking to find support and this is the pattern that can provide that
Left shoulder, Head, Right Shoulder
Bounce off the downtrend line (shown with up arrow)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.