Before that, a harmonic pattern has been formed. Then we see that he draws Head and Shoulders. It also completes the right shoulder with an ascending triangle.
In volume candles, the volumes have decreased in accordance with the right shoulder rule.I think a jump can be seen at any moment.
I think the triangle top line is a suitable target for entry. The first TP target will be the triangle depth. I think it will pullback by encountering a resistance there.
Then, it will reach the previous supply zone as much as the previous harmonic pattern target and head depth that I specified.
NOT: This is not investment advice.
In volume candles, the volumes have decreased in accordance with the right shoulder rule.I think a jump can be seen at any moment.
I think the triangle top line is a suitable target for entry. The first TP target will be the triangle depth. I think it will pullback by encountering a resistance there.
Then, it will reach the previous supply zone as much as the previous harmonic pattern target and head depth that I specified.
NOT: This is not investment advice.