Quant flirting with a inverse h&s breakout
Diupdate
No confirmation yet and its always imperative to wait for confirmation…should it confirm the breakout, the target is $90. Waiting for not just a candle close above the white neckline, but also a follow up confirmation candle to show us a bullish impulse.
Komentar
Looks like quant is going to confirm this breakout. If the current candle closes in its current price range I’m comfortable personally considering this a valid breakout.Komentar
Target hit precisely!Komentar
After hitting my initial target priceaction went on to form a brief bullflag which it has also already broken up from and hit its target as well.
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