Bottom is IN ? ... inverted H&S pattern
Updated
This is the secong attemp of playing long this name, this time we have PIN bar at low and inverted H&S forming.
If able close to $13,14 go long ... SL below PIN bottom bar.
If not able to reach close to $13,14 go long above $14,10.
TARGET is the GAP !
Good Luck !
If able close to $13,14 go long ... SL below PIN bottom bar.
If not able to reach close to $13,14 go long above $14,10.
TARGET is the GAP !
Good Luck !
Trade active
By now Long positions are starting to working well , the Shoulder DIP was a little more agresiv but SL below PIN bar low was not threaten ...Let's move SL agresiv now , and SET it below todays LOW : $12,78 !
Above $14,10 pattern will start to work out BIG ... Good Luck !
Trade closed: stop reached
If you were not stopped out yet use this opportunity to close this trade : inv. H&S did not worked out unfortunatelly.
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.