It is been observed on the Daily Chart that the price action forming an inverse bullish Head-N-Shoulder pattern indicating a bullish move ahead. It shall perform well once the price action breaks above 500 levels to confirm a breakout of the pattern trendline .
Target: 520
Stoploss: 474
*Kindly note that the trade shall be active once the price action breaks above the 500 levels.
Regards
Target: 520
Stoploss: 474
*Kindly note that the trade shall be active once the price action breaks above the 500 levels.
Regards
Trade active
Comment:
Waiting for price action to break and close above 500 levels for further confirmation to initiate the trade. Regards
Trade active
Comment:
Breakout of Neckline of Inverse Head N Shoulder
Regards
Regards
Trade active
Trade closed: target reached