Head and Shoulder
Pros:
Descending volume during formation
PPS below 50MA
R/R ratio above 7
ATR flat
RS flat and below 0
250RSI below 50
200MA descending
Cons:
PPS still above 200MA, but barely
If confirmed:
PT = 60.68$
Pros:
Descending volume during formation
PPS below 50MA
R/R ratio above 7
ATR flat
RS flat and below 0
250RSI below 50
200MA descending
Cons:
PPS still above 200MA, but barely
If confirmed:
PT = 60.68$