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FXCross
Dec 6, 2021 7:23 PM

HPE reaching the top of the inverted H&S / possible LTF breakout Long

Hewlett Packard Enterprise CompanyNYSE

Description

After a long inverted head and shoulders formation on HTFs, the price came to the top of the structure. Now it's reaccumulating on LTF, to break out above 15,40 and then continue above 16,00 once it reaches that level.

Inverted head and shoulders and Wyckoff is in play. There's a possibility that the price will move around a bit, before reaching 15,40 though, so only time will tell. I'm counting on this happening within the next few days.
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