Big level here, 200-300 pips
On longer term time frames we can see that this is likely turning into an inverse head and shoulders, it's time to make that right shoulder, I want to sell that trend line break for the move into 7300 area which would make a good right shoulder.
The entry ideal situation is this:
sell trend line break
stops above the highs
target 1st missed weekly pivot/7300 area in extension
The entry ideal situation is this:
sell trend line break
stops above the highs
target 1st missed weekly pivot/7300 area in extension
Jared Johnson
Union Hedge Funds
Union Hedge Funds
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.
Jared Johnson
Union Hedge Funds
Union Hedge Funds
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.