A downward neckline Head and Shoulders is one of the highest probability reversal patterns that exist. As 90% of the daily volume follows the rules of patterns such as this it is important to recognize when these are occurring. There is also considerable insider selling to further increase the probability of this setup.
Looking good and holding puts on this baby!
Looking good and holding puts on this baby!
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Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
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.