Inverse H&S Pattern On Daily SPX

Good day Traders and followers!

I spotted a inverse head & shoulder pattern in the daily SPX on Oanda. A breakout above 5670 area should trigger lot's of bullish activity as long as price doesn't fall back under during a test IF ONE OCCURS. 6066.7 would be a target area for this one.

Always wait for things to play out before you put your money on the table. We are here to make $$$ not donate to the world casino.

Best of luck in all your trades in the mean time. Until next time, Cheers!