VR - test of Head and Shoulders, dip incoming?VR developed head and shoulders pattern, dropped bellow the neckline and is not testing it as resistance. We are overbought (stoch RSI) with bearish divergence and at confluence of resistances (S/R and diagonal resistance line). I expect rejection and capitulation dip to techincal target of H&S pattern at fibb 2.0 range. Plan will get invalidated if we keep pushing up and break diagonal resistance line.... in this case expect test of last pivot (right shoulder) pullback to test breakout (S/R range) and then likely further run up to ATH range.
