We have a completed H&S pattern with broken neckline. Price is now moving in a flag and may
consolidate for quite a while. If price breaks to the upside rapidly, I keep in mind that this may very well be a fakeout and quickly reverses down so I'm not looking for any longs right now. Once Price breaks the flag to the downside I'm all in for a nice sell down to the demand zone. Good luck
consolidate for quite a while. If price breaks to the upside rapidly, I keep in mind that this may very well be a fakeout and quickly reverses down so I'm not looking for any longs right now. Once Price breaks the flag to the downside I'm all in for a nice sell down to the demand zone. Good luck
