We got it ! Above the 200 DMA (orange line) probability of building the H&S pattern increases a lot. First step: Let's see if there is a follow through.
Comments
tbuckle
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Head and shoulders? or Inverse head and shoulders?
Bakou
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Hi tbuckle,
You're right: Inversed H&S.
I wrote it correctly in the first post yesterday, and then only repeated "H&S" today.
Btw, if the pattern goes to completion, we are braced for a nice climb.