DESCRIPTION: EJ is in an area of major structure and psychological support (120.000). It might also reject the daily trendline (uptrend). We also have a potential inverted H&S in this area.
ENTRY: I will enter at the trendline breakout of the inverted head and shoulders.
TARGET: targeting the next structure resistance @ 121.150.
STOPS: will be placed below the higher shoulder of the H&S.
ENTRY: I will enter at the trendline breakout of the inverted head and shoulders.
TARGET: targeting the next structure resistance @ 121.150.
STOPS: will be placed below the higher shoulder of the H&S.
Trade active
Trade active
Trade closed: stop reached
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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.