Left shoulder low: ~$127
Peak between LS and Head (left neckline): ~$136-137
Head low: ~$107
Right shoulder low: ~$128-129
Current price: $134.19 — still inside the pattern, approaching the neckline
The neckline at ~$136-137 has NOT been broken yet. At $134, price is still ~$2-3 below the neckline. So this is still a pending IH&S breakout, not a confirmed one. That's actually more
A 2h close above $137 with above-average volume confirms the pattern.
Neckline ~$136.50, Head low ~$107 → height = ~$29.50
Target = $136.50 + $29.50 = ~$166
Peak between LS and Head (left neckline): ~$136-137
Head low: ~$107
Right shoulder low: ~$128-129
Current price: $134.19 — still inside the pattern, approaching the neckline
The neckline at ~$136-137 has NOT been broken yet. At $134, price is still ~$2-3 below the neckline. So this is still a pending IH&S breakout, not a confirmed one. That's actually more
A 2h close above $137 with above-average volume confirms the pattern.
Neckline ~$136.50, Head low ~$107 → height = ~$29.50
Target = $136.50 + $29.50 = ~$166
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