Safest thing would be to wait for to pass the neckline before entering a trade...
There's the completion of the right shoulder, may need to recharge a bit before breaking for the target, but looking good:
Took some profit here because it hit my target for the Bullish Wolfe Wave, it's pretty overbought on the 5 & 15 min charts, and if it stalls here there's a possible Bearish Wolfe Wave:
Doesn't mean it won't eventually reach the Inverse Head & Shoulders target, but I'm just being safe. Can always buy back in.
OMG the suspense...bollinger bands are tight as hell, that triangle is just finishing up, stochastic low on 5 min, medium on 15, high on 30 & 60, low on some higher timeframes and high on others...the target for a triangle breakout matches up with the inverse head & shoulders target but there's an equally likely target the other way...IT COULD GO EITHER WAY!!
Well so far it's looking like the bearish wolfe wave lol - but it doesn't mean it won't reverse and eventually hit the H&S target. For now I'm out though until something new is obvious