As it has created W Pattern, also a kind of Inverted Head and Shoulder, we can go for a Long position with a small stop loss
TARGET and STOPLOSS are marked in the chart. if this position get activated and reached TP1, move the stop loss to entry.
Good Luck.
TARGET and STOPLOSS are marked in the chart. if this position get activated and reached TP1, move the stop loss to entry.
Good Luck.
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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.