Inverse H&S pattern at hourly timeframe.
Although it is comping from uptrend where the inverse H&S may not be more significant compared to that coming from downtrend, once can go long.
Also, ascending triangle breakout can be spotted.
Tight stop loss can be below the swing low.
Only for educational purpose. Trade at your own risk.
Although it is comping from uptrend where the inverse H&S may not be more significant compared to that coming from downtrend, once can go long.
Also, ascending triangle breakout can be spotted.
Tight stop loss can be below the swing low.
Only for educational purpose. Trade at your own risk.
Trade closed: target reached:
3100 target reached.