Idea for L showing low volatility along the smaller line which holds both arms for the right and left shoulders of the inverted H&S
The lower trend line contains the Head formation
The low volatility on the smaller timeframe is an indicator for a bear move, however on a larger timeframe price looks quite bullish
Short term bear scenario, even a buy the dip
The lower trend line contains the Head formation
The low volatility on the smaller timeframe is an indicator for a bear move, however on a larger timeframe price looks quite bullish
Short term bear scenario, even a buy the dip