we have inverse head & shoulders with specified target which price already passed the neck line and hit the very important and strong resistance line and feedback to the neck line
normally we expect price to rise to hit the target but RSI is a little bit high so i think price should stay in this range for a while so RSI came down a little bit and then price is gonna rise
and of course be ready for a sudden price correction about 10% that can happen anytime!
have a nice day :)
normally we expect price to rise to hit the target but RSI is a little bit high so i think price should stay in this range for a while so RSI came down a little bit and then price is gonna rise
and of course be ready for a sudden price correction about 10% that can happen anytime!
have a nice day :)
