Friday's candle (and therefore also the weekly one) closed above the high of the right shoulder of the inverted continuation head and shoulders, confirming the figure (as analyzed last week)
in theory, a first entry could be made already now, with a stop below the minimum on Friday
in practice, the figure is large (I mean the main pattern, H&S started on Nov 2020) and I am uncertain about this analysis as well as being a diagonal break
therefore, as said last week, I would wait for a small daily continuation pattern, and / or the overcoming of the head (November 16), which would also confirm the breaking of the triangle (always diagonal ... bah .. very hesitant)
in theory, a first entry could be made already now, with a stop below the minimum on Friday
in practice, the figure is large (I mean the main pattern, H&S started on Nov 2020) and I am uncertain about this analysis as well as being a diagonal break
therefore, as said last week, I would wait for a small daily continuation pattern, and / or the overcoming of the head (November 16), which would also confirm the breaking of the triangle (always diagonal ... bah .. very hesitant)
