Here are some reasons as to why Im taking a long position
- Trendline support (fakeout as indicated)
- Inverse H/S pattern
Ill update this analysis as we go along =)
- Trendline support (fakeout as indicated)
- Inverse H/S pattern
Ill update this analysis as we go along =)
Note
Trade still valid for a long to 1903 as take profit target Technical perspective
- M15 formed a Head & Shoulders pattern
- H4 formed an inversed Head & Shoulders pattern
Fundamental perspective
- Both BioNTech & Phizer reported the covid 19 Vaccine requires a cold storage facility of -80 degrees in order to keep its potency
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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.