H&S in a down wedge, when it's going to end?
so I painted this H&S predict on Nov 22, 2022, and countertrade my own analysis several hours ago, which costs me $50, a nice try I say lol.
still looking for certainty, either it break above 17k and retest for further long position, or got resist here and go down, saving me another $50.
the fun part of this is if it ever breaks above this down wedge - break above 19500 and retest at the moment but expecting lower target as time pass - we should get a nice bounce after all the dumping.
to clarify one thing is that I do not think it's bottoming since the volume does not support here. make sure you're not desperated yourself here, and keep an eye on waiting for the flood to start.
still looking for certainty, either it break above 17k and retest for further long position, or got resist here and go down, saving me another $50.
the fun part of this is if it ever breaks above this down wedge - break above 19500 and retest at the moment but expecting lower target as time pass - we should get a nice bounce after all the dumping.
to clarify one thing is that I do not think it's bottoming since the volume does not support here. make sure you're not desperated yourself here, and keep an eye on waiting for the flood to start.
