VTHO - Inverted H & S Pattern - Waiting for Confirmation
Hello Traders,
It looks like we have an inverted Head and Shoulders patter forming the hourly.
As well as a triangle forming on the hourly.
I’ll be waiting for a breakout to the upside for confirmation that it is in fact forming the rest of the right shoulder and also breaking above the triangle trendline.
Targets:
Retesting the .008, .009 and if we can break the .01 range maybe we’ll see it pass it’s original high of .013 range.
Good luck!
It looks like we have an inverted Head and Shoulders patter forming the hourly.
As well as a triangle forming on the hourly.
I’ll be waiting for a breakout to the upside for confirmation that it is in fact forming the rest of the right shoulder and also breaking above the triangle trendline.
Targets:
Retesting the .008, .009 and if we can break the .01 range maybe we’ll see it pass it’s original high of .013 range.
Good luck!
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