Hey everyone, in this chart we can see a possible inverse Head and Shoulders forming.
There are two entry points:
1) Aggressive entry: Enter after it bounces off the possible right shoulder
2) Normal entry: Enter after it breaks the neckline at 0.8644
Take profits:
1) For the Aggressive entry, we have two take profits: 0.8732 and 0.9103
2) Normal Entry: 0.9103 because the inverse H&S is confirmed.
Hope it helps!
Any doubt comment down below
There are two entry points:
1) Aggressive entry: Enter after it bounces off the possible right shoulder
2) Normal entry: Enter after it breaks the neckline at 0.8644
Take profits:
1) For the Aggressive entry, we have two take profits: 0.8732 and 0.9103
2) Normal Entry: 0.9103 because the inverse H&S is confirmed.
Hope it helps!
Any doubt comment down below
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.
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.