That chart is so evocative of a HnS; it's there, but you have to really fudge the parameters to make it fit. It's clearer on Alpha Dart's view. IMO the question is, how many traders see it and are trading it - I remember a great HnS, on gold IIRC, that was pretty obvious, so obvious that it completely fell apart when it completed and went up. Everybody on one side of the boat. I haven't looked at the COT or anything like that to see where sentiment is, Finviz has commercials short, but I believe that's to be expected, they're selling future production at very good prices. 11/6/25
Loosing the green dashed trendline, it could go down to the handle breakout level, 41.50. If the h&s plays out, and everyone is playing along, most traders will likely wait about 2$ later than my lines to enter. (I'm guessing.) 11/6/25
Violet
