Additionally you may want to wait for the market to pullback to test the neck-line, however, there is a chance that the market may not test the neck-line before the dip down to the measured profit target. This is an aggressive short entry with stops above the present highs after the market broke the previous support.
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.