consolidation at major resistance. at a low TF, we are seeing consolidation with deviation down then form a head and shoulder shaped consolidation.
entry: at consolidation H&S at low TF
TP: first tp at next major resistance
action: break out of h&s
entry: at consolidation H&S at low TF
TP: first tp at next major resistance
action: break out of h&s
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.