Pretty straight forward retracement. Potential inverse H&S. Longing this bad boy.
Note
Pattern confirmed. I'd set my stop loss to entry price now. Hopefully we go towards target price or get stopped at no risk. Either way. Price travelled at a similar length to the left shoulder.Note
We are very close to target price. I have moved my stop at 35900.
Note
Target reached. Awesome. Will look to re-enter soon. Watching where the pullback ends.
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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.