$TRUMP - Forming a continuing Head and Shoulders pattern

1200
  • A continuing head and shoulder pattern has formed on the intraday time frame.
  • The best point to enter the trade is when the neckline breaks and touches it again.
  • Also, if the $36 support line is touched again and a price rejection is seen from it, it can be another technical entry point.
  • This is only a technical analysis and is in no way an investment or trading recommendation.

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.