lrtritschler

lrtritschler

The inverse head and shoulders plus break out of the resistance zone. Here is how we plan to play it. Follow us for more ideas.

lrtritschler

This is a conservative short setup because it waits for a close below the double top neckline to confirm the pattern. The entry will be triggered on the retest of the neckline.

lrtritschler

This is an aggressive short entry with a stop limit at the 50% retracement of the previous candle - this is aggressive because there has not yet been a close below the neckline to confirm the double top pattern.

lrtritschler

Double top pattern forming on 65 min with a gap that needs filled below + overall weakness in US markets. Look to enter short.