there could be forming a BIG H&S pattern on coats group.
I am shorting here with a close SL just above last High.
Ill take profit at the drawn support line and watch closely to re open a new short when that support gets broken, which IMO confirms the H&S pattern.
I am shorting here with a close SL just above last High.
Ill take profit at the drawn support line and watch closely to re open a new short when that support gets broken, which IMO confirms the H&S pattern.
Note
Note: this could also turn into a rising wedge.
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.