after a long bearish move and bad sentiment
*on 1h time frame we can see a inverted head and shoulder pattern
initiating trade according to -
*as per neckline drawn on the chart
* after the breakout only we can enter long and keep stop loss below the shoulder line
* info line drawn from the head of the pattern indicates the up move possibility
duration of the trade could be short term
trade with proper risk management and position sizing
*on 1h time frame we can see a inverted head and shoulder pattern
initiating trade according to -
*as per neckline drawn on the chart
* after the breakout only we can enter long and keep stop loss below the shoulder line
* info line drawn from the head of the pattern indicates the up move possibility
duration of the trade could be short term
trade with proper risk management and position sizing
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.