May. 27 at 8:17 PM
Another name with a similar setup to the ones I previously mentioned is
$MTZ. Inverse head and shoulders pattern into a bull flag but no confirmed bull break yet. This is is where you could use the hourly timeframe to position for the anticipated break or identify a level where your thesis would be wrong. In this case, if price broke below the 10 Day MA and short term support, i would expect price to continue down to the bottom of the flag. Having a view of both bullish and bearish outcomes is good way to not to be biased in the markets.
