Lt daily head and shoulder at the life top

hello traders

check this latest development on LT chart on daily time frame

its a head and shoulder

short
below 3450

target price 10% from shorting level
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warning : short only if closing below 3450
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stop loss the last shoulder high

Note

stop loss price closing above 3700

Note

Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis

Note

around 75 point profit done in just two days

Note

4 %
around 135 point profit running in just 3 session continious

Note

6% net profit running around 200 point

Note

7.5% profit running around 260 point

Note

at todays low around 8% profit running

Note

is current scenario is a second opportunity to short

Note

price closure to our stop loss level, may be stop loss trigger, but incase not than currently risk reward is at there great level for fresh entry

Note

our stop loss is 3700 on closing basis is still safe

Trade closed: stop reached

sk_4587

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sk_4587