I do not wait for the neckline to break before I trade a potential inverse head & shoulders pattern.
I rather use the retracement to the last shoulder as an early entry if it coincides with a demand zone.
The Daily chart shows signs of a possible opportunity of this materializing in the foreseeable future.
I rather use the retracement to the last shoulder as an early entry if it coincides with a demand zone.
The Daily chart shows signs of a possible opportunity of this materializing in the foreseeable future.
Trade active
Move stop to 10500Disclaimer
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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.