Coinbase - iH&S early look - CPI Edition

Por Pennywick
NQ1! continues a low volume consolidation with resistance at the 5 min MBB. Coinbase found support below the active channel .35, and defined resistance with a double-top at the .649. Scouting a reversal pattern, and a confirmation via back-test in the event we have set a 4 hour Lower High. All eyes turn to Friday's CPI with estimates ranging from 6.6 -6.9%
Chart PatternscoincoinbaseTechnical IndicatorsinverseInverse Head and ShouldersTrend Analysis

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