#HEX H&S Invalidated?

17 בספט׳ 2021

After seeing a downward move from an ATH of .49 and testing the 21 EMA on the daily, HEX appears to be consolidating with moving averages setting up for a possible move higher. A clear Head and Shoulders pattern was forming on the daily and a move lower is being rejected by price action and the H&S is invalidated IMO, making the formation on the daily begin to appear like a large Bull Flag.