Hi, thanks for the idea. Shouldn't volume be higher on right shoulder (on a bigger inverted H&S)?
mi_khan
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@kometonja, Might be. But I would image that the volume will come ones the breakthrough has been confirmed.
RodrigoGarreton
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@kometonja@mi_khan, I agree with the lack of volume, but keep in mind that we come from a previous downtrend, the most likely is that the volume will trigger once the change of trend is confirmed, on the other hand, I am also noticing an effort to control the stochastic for that does not trigger overbought
kometonja
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@RodrigoGarreton, can you please explain the latter one: Why is it important not to trigger overbought in general? Is it because of bots / automated trading or? Just trying to understand.
siwe7
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@kometonja, if it is "overbought", then this would be a sell signal. some short-term traders and likely some bots may pay attention to that.
but these indicators are always relative, because it depends on the time range you are looking at.