@ryan89 on XAUUSD | PriceONN Community
I'm seeing what looks like a potential inverse head and shoulders forming on the H4 chart. The neckline seems to be around 5180. I'm still learning about pattern confirmation, but could someone with more experience tell me what kind of volume would be necessary to confirm this pattern? Also, what's a good strategy for setting a stop loss in a situation like this, given the current volatility? Any insight would be appreciated.