Inverted H+S - A break and close above 6818 would confirm further uptrend up to a possible of 7500 (considering 7128 is broken and closed above).
A retest of the neckline is a great buy opportunity and shorts should be below this neckline. If the neckline is broken, the pattern is invalidated at the downward pressure will commence.
A retest of the neckline is a great buy opportunity and shorts should be below this neckline. If the neckline is broken, the pattern is invalidated at the downward pressure will commence.
Comment:
Trade still active, looking for a retrace around 6600. Target is still high 7000s.
Trade closed manually:
Target 1 reached. Will watch for a short.
