We see the formation of a bearish bat on the right shoulder of the inverse H&S pattern.
The same bearish bat formation is observed on the left shoulder.
If the yellow line (neckline of the reverse H&S) holds, we may see a big drop in price.
The same bearish bat formation is observed on the left shoulder.
If the yellow line (neckline of the reverse H&S) holds, we may see a big drop in price.
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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.
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.