Potential upward movement, because the inverse head and shoulders
pattern. I see two trends on daily time frame. The longer trend is bearish
, and the shorter trend is bullish
. I have draw the two necklines, because I m not sure which one is trust worthy. I created this chart to learn more about the head and shoulders
bottom pattern, specially the neckline of it. I think if we attain large buying volume
, this pattern may be completed. This is just an experiment.