We have a nice H&S pattern, confirmed by the RSI indicator. In the next few days we can expect a short pull-back to retest the H$S neckline.
After that we should see a bullish impulse move leading us up to 4,20 level. This level is the take profit target for the H&S formation but also the area of the peak of the last consolidating triangle we have broken down from.
GL & HF ;)
After that we should see a bullish impulse move leading us up to 4,20 level. This level is the take profit target for the H&S formation but also the area of the peak of the last consolidating triangle we have broken down from.
GL & HF ;)
