Short - 15 Min (Head and Shoulder)
Updated
Hey Traders,
A good Head and shoulder pattern at the top in S&P 500.
I hope you will benefit from this knowledge
-MetaVish
A good Head and shoulder pattern at the top in S&P 500.
I hope you will benefit from this knowledge
-MetaVish
Trade active
Our entry was below head and shoulder neckline. Short trade is active now. Strict Stop Loss 3694.Trade closed: stop reached
Price fell as expected. However, it did not reach the target and returned from first support zone. In this trade, either we would have been out at Trailing SL (BreakEven) or it would have hit our stop loss.
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.