Price drops to prior wedge resistance but recovers through another inverse head-and-shoulders.
Current position is back at the W1 neckline (red zone) with H1 200EMA as the next hurdle.
A larger-scaled inverse head-and-shoulders has been marked with prior W1 piercing as neckline.
Given this layout we can assume a bit more consolidation before the next push.
www.tradingview.com/chart/gDBkksfy/
Current position is back at the W1 neckline (red zone) with H1 200EMA as the next hurdle.
A larger-scaled inverse head-and-shoulders has been marked with prior W1 piercing as neckline.
Given this layout we can assume a bit more consolidation before the next push.
www.tradingview.com/chart/gDBkksfy/