Here we have two bullish patterns - a falling wedge and an inverse head and shoulders .
The wedge pattern has completed. The first target is the neckline of the H&S pattern, and we will be watching this area closely.
Move stop loss to entry point once we hit the first arrow.
The wedge pattern has completed. The first target is the neckline of the H&S pattern, and we will be watching this area closely.
Move stop loss to entry point once we hit the first arrow.
Trade active
We have reached TP1. Protect your profits! (book some profits, move your stop loss to the entry point)Trade active
Head and Shoulders trade now activeTrade closed manually
Closing trade manually due to risk-off sentiment in the markets due to ongoing trade woes. Technical reason: we are making double top on the lower timeframes
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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.