LINK - H&S pattern? TA trainig
Hello traders,
This is quinck analysis about possible H&S pattern just shown up today... Im not sure if is it real H&S pattern or just fake one, so Im posting this to open conversation with you guys...
Everything suggest that is supposed to be real pattern, but Im worried about volume... Theory says that left shouled volume should be the highest from pattern, then head volume and the lowest should be right shoulder... but it is not like that in this figure...
However, if is it real H&s pattern then we can expect fall to level around 2.68 (yellow line)...
Anyway at this moment we can see pullback from neck line, so the best is to wait for confirmation...
Let me know what you think in a comment session, cheers
This is quinck analysis about possible H&S pattern just shown up today... Im not sure if is it real H&S pattern or just fake one, so Im posting this to open conversation with you guys...
Everything suggest that is supposed to be real pattern, but Im worried about volume... Theory says that left shouled volume should be the highest from pattern, then head volume and the lowest should be right shoulder... but it is not like that in this figure...
However, if is it real H&s pattern then we can expect fall to level around 2.68 (yellow line)...
Anyway at this moment we can see pullback from neck line, so the best is to wait for confirmation...
Let me know what you think in a comment session, cheers
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