Pros
Cons
Strategy
- Broken RSI downtrend on daily.
- Divergences on daily.
- Potential H&S formation.
- Correction of 38.2/50% of the las bearish wave.
- Broken downtrend on daily.
- Objetive to pivot point.
- Price up to resistance level.
Cons
- Countertrend.
Strategy
- Buy 1/3 at the low of the right shoulder.
- Buy the 2/3 when the price breaks the neckline (confirmation of H&S).
Note
Order opened.
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.