ALPHA inverted H&S

Nov 27, 2021

Alpha Finance Lab is forming Inverted Head and Shoulders🤷 and if price breaks up I think there is chance for run to 1.1 and even higher. Will set the BUY LIMIT order to catch the pullback to Neckline (testing it from above).

• ENTRY: Backtest of the broken Neckline @ 0.9610
  
• SL: Right Shoulder @ 0.9047
  
• TARGET: Inverted H&S target projection @ 1.1030
  
• RRR: 2.6
  
• INVALIDATION: when SL level hit
  

Check my other stuff in related ideas.

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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

Nov 28, 2021

Order cancelled

No trade, pattern invalidated, SL hit.