DCAL forming inverse H&S. Keep on the Radar.

Updated

-Good Volume today.
-Forming inverse H&S pattern.
-Dry volume when pulling back.

Watch for a breakout above 214. SL is very deep for positional players. Position size accordingly.

Aggressive players can try placing SL below today's candle (196-day closing basis).

The market is on a downtrend. The chances of fake breakouts are very high. Please do your due diligence. This is not a buy/sell recommendation.
Trade active
Dcal moved 11% in our favour so far. Safe players trail SL.
Trade closed: target reached
T1 Hit
Note
T2 Hit and crossed.
Note
all targets reached. 44% so far in our favour. 284 was another crucial resistance it is broken and sustaining. Good for positional. Keep on radar and study.
breakouttradingChart PatternsTechnical IndicatorsInverse Head and ShouldersinvestingpositionalTrend Analysis

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