Inverse H&S backtesting onto 200DMA - 30% rise possible Long

FRONTIER DEVELOPMENTS PLC GBP0.005LSE

Description

⋅ Oct 3, 2018 3:41 PM

This now looks great. Price is robustly backtesting the 200DMA which it's broken as part of an inverse H&S set-up. The measured move would take us to new highs around 2000. This would be your entry price - invalidated with daily close below 200DMA

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