The probability of forming a bullish inverse head and shoulders pattern is high.
A red resistance band is seen as the neckline,
which can be formed by a strong consolidation above this band.
The stop loss can also be placed below this band.
A red resistance band is seen as the neckline,
which can be formed by a strong consolidation above this band.
The stop loss can also be placed below this band.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.