Long term trend line rejection - H/S pattern formed and rejecting base.
Entry - retest of Daily 21EMA.
TP1- Top of last shoulder.
TP2 - Highest Daily Close on Head.
SL - Base low on first leg up on 2nd shoulder.
Entry - retest of Daily 21EMA.
TP1- Top of last shoulder.
TP2 - Highest Daily Close on Head.
SL - Base low on first leg up on 2nd shoulder.
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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.