This is a clear depiction of H&S pattern with a rejection of the shoulder area. Targeting the resistance with safe stops.
Don't over complicate your strategy
Always use your risk management plan.
GOOD LUCK
The daily trend is up. The question is now will it form a DB or break the level. Well it tried to break level and formed a clear rejection on the daily and closed above the previous days low which shows depletion in momentum. Manage your risk and you are good to go. Best of Luck
Major support zone on a daily
Now we have good daily candle. We can look to enter of a 50% of this good looking bullish candle.
Do use proper risk management plan because not even 1 trade has a gauranteed outcome. Its a numbers GAME.
All the best
Long reliance for 2350 and above. Keep a safe SL on closing basis.
use risk management. No trade is a gaurantee how beautiful the setup maybe.
Goog Luck
There is a higher low level. Price came to the HL and cudnt break it probably forming a DoubleBottom pattern.
Always use your risk management plan.
All the best
It is currently forming a H&S on lower time frame. wait for the break of 165 166 level and then look for long opportunity. Manage your risk always.
Good luck
