Anaam has recently formed H&Ss but not an ideal one. The volume does not correlate with the studies of a typical head n' shoulders but I thought it is great to share. Let's see if the neckline is penetrated then we can confirm by price action.
Trade active
25.15 is a trigger point here. if penetrated with good volume, then target 28 - 31Note
on the right shoulder, a bottom, a valid one, head and shoulders is almost completed. same neckline as the previous one. Wait for a neckline penetration for confirmation.
Trade active
The answer is yes.Trade active
Could be now a retest. you are advised to be extra cautious. The market is only for keen speculators at the moment.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.