Formation of left shoulder in inverse H&S
The trend seems to be forming a inverse H&S (see circle - marks what looks like a left shoulder)
Additional bullish evidence:
For better confirmation must wait for 2-3 days more to confirm bullish trend
Additional bullish evidence:
- RSI is rising
- Stochastic showing bullish
- 50% Fibonacci retracement is complete
For better confirmation must wait for 2-3 days more to confirm bullish trend
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