Hi Traders!
Let's look at LMT on the daily chart. The price has formed the Head and Shoulders pattern. From here we expect the price to fall. We would enter short when the price breaks the neckline of the pattern. If the price reaches higher than the shoulder's top, the trade would be invalidated.
What do you think?
Let's look at LMT on the daily chart. The price has formed the Head and Shoulders pattern. From here we expect the price to fall. We would enter short when the price breaks the neckline of the pattern. If the price reaches higher than the shoulder's top, the trade would be invalidated.
What do you think?
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.