Potential head and shoulders forming. KDJ and candle position within the cloud may indicate fulfillment of this pattern. Right shoulder height based on retracement from the head.
Entry: 392
Exit: 400
Stop: 388
Entry: 392
Exit: 400
Stop: 388
Note
Breakout above 407Trade closed manually
Will short from 392 and hold. Move getting too difficult to scalp.
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Related publications
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.