If the price breaks the neck in a bull run, the 161.8 fib extension correlates with the typical H&S height change from head-to neck (using the expected break-point neckline because it is descending)
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.
