US500 index. Head & Shoulder Pattern appearing but no divergence
65
On 4 h scale Head n Shoulder pattern appearing ; however, I do not see any divergence on RSI. Therefore, it is not likely to reverse; But anyway I wanted to show Head and shoulder pattern therefore, I have drawn the pattern and mentioned the entry, Stop loss and TP, but not going to take the SHORT trade. Just sharing for education purpose.
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.
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.