Potential Inverted HS targeting middle of weekly resistance

7 thg 4, 2023

Super simple chart here - Need to cross the neckline and hold above it to confirm, if confirmed, a move up and into the center of resistance is possible

8 thg 4, 2023

Ghi chú

Here's a candle stick view zoomed out and showing weekly support plus the daily 50/200 MAs (dotted) and EMAs (solid).

We already have a golden cross on the daily 50/200 MA.

Crossing above the yellow neckline would both confirm the pattern and provide the 50/200 EMA golden cross needed for the bigger move back up into weekly resistance: