PEL- 4H TF - Head & Shoulders
Head & Shoulders pattern forming on 4H Chart of PEL. SELL 1350, SL 1520.1, Target(s) - 1300, 1250, 1200 and so on. Measurement = 239. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Note
1300(Low = 1274.05)Trade closed: target reached
1250(Low = 1246.9)
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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.