I know, I know another H&S. Well thats how it happens sometimes. The patterns just propagate thru out the market. This one is especially interesting because of the repeating H&S pattern thru out the time frames. You can see an H&S on the daily and 15 minute. They are all unique H&S formations. Really cool to see a pattern mirror thru the time frames.
Indicators look good. trend is slightly down. pattern looks good, not as symmetrical as I would like.RRR is 2.6
15 minute
trading pattern criteria confirmed pattern 1 pattern confirms trend or confirms broken trend 1 pattern is syemtrical 0 pattern leans in the direction of the move 1 stoch RSI confirms 1 macd confirms 1 obv confirms 1 pattern confirms on 1 higher time frame chart 1 pattern confirms on 2 higher time frame chart 1 pattern confirms on 1 lower time frame chart 1 Total score 9
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