Possibility of inverse H&S on Yesbank hourly
Updated
We can initiate long position in yesbank as it is forming inverse Head & Shoulder pattern.
Although left shoulder is not as accurate as it should be.
We can enter the trade once it breaks the neck line when it crosses 1470.
Target we can expect 1520 and 1540.
Although left shoulder is not as accurate as it should be.
We can enter the trade once it breaks the neck line when it crosses 1470.
Target we can expect 1520 and 1540.
Trade active
Note
Yesbank made a high of 1521. First target achieved.Trade closed: target reached
Yesbank made a high of 1541, 2nd target achieved.
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