Hi, I found a MovingAverage fractal on the weekly chart, maybe we are on our way to test the weekly 100MA to confirm the bull market.
Also very interesting : the current neckline of the H&S pattern is almost parallel to the neckline of the H&S pattern in 2017/2018.
Also very interesting : the current neckline of the H&S pattern is almost parallel to the neckline of the H&S pattern in 2017/2018.
Commento:
Daily chart for abetter view of the 2 H&S. Daily 200MA is providing support at almost the same level as the 100MA on the weekly.
Commento:
Bullflag reversal zone, 1.618 fibonacci and 100MA
H&S technical target zone, 2.618 fibonnaci and 200MA
Fibbonaci is drawn on shorter timeframes.
H&S technical target zone, 2.618 fibonnaci and 200MA
Fibbonaci is drawn on shorter timeframes.
