This pattern is not valid until neckline is broken. The neckline is a strong source of support until it is broken. Then the neckline becomes resistance.
After the neckline is broken and one wanted to go short, one may place their stop above the neckline.
I am being sure this neckline breaks before thinking short entry as healthcare seems to be a good place to be. But I am actually beginning to wonder if there is a good place to be right now )o:
No recommendation.
Heiken-ashi candles and definitely a bad top by eyeballing it )o:
Neutral until neckline is broken.
After the neckline is broken and one wanted to go short, one may place their stop above the neckline.
I am being sure this neckline breaks before thinking short entry as healthcare seems to be a good place to be. But I am actually beginning to wonder if there is a good place to be right now )o:
No recommendation.
Heiken-ashi candles and definitely a bad top by eyeballing it )o:
Neutral until neckline is broken.
Note
Maybe time to let go for a while
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.