PENN
Many textbooks on technical analysis claim that there can be no reverse G&P at the top. However, new research suggests this is possible. Personally, I have traded this pattern on TSLA, FB and many others. On the PENN chart as such a case
Trade closed: target reached
I have reached the target price of the trade, I close the position.
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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.