like i have stated in other posts this is a prime example of why you watch the break out points to buy or sell , this hns never invalidated due to the fact it never crossed the head height after the right shoulder good save of your funds here if you sold off , we did
@dubin1985, good spot, perhaps why we didn't get it to fully play out however , as you can see era of 2/27 15:30 - 2/28 04:30 the volume is low but primarily favoring the bearish side hence why we completed 80-90% of the Head and Shoulders formation itself , what this implies is exactly what happened , the bears tried to complete the hns but as soon as bullish volume was present and/or greater that the bearish side we had a swing reversal take place when trading this type of low volume rs be very vigilant of the reversal to take place early and as an influx of bull volume takes place expect the price to return to the neckline of the hns itself.