Gold has pumped a lot past weeks, where it only made 1 decent correction 2 weeks ago. Now many times H&S patterns fail after a huge rally, but this H&S is quite small compared to the rally, so i think it has a decent chance to become real. I do however think it's important to see a break of the neckline AND a retest of former support. Now with H&S patterns i sometimes get in much sooner with a partial position, but i think in this case it's a bit too risky because Gold is a big and popular asset nowadays. With crypto we usually don't get a break and retest, but with traditional markets we do, so i don't see the need to get ahead of things. As long as price moves below that red line, the H&S is in play.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.