Short

AIr Asia Head and Shoulders - Short?

I'm a beginner trader trying to gain experience in reading charts - This is what I think is the first head and shoulders pattern I have seen on a chart here on Air Asia. From what I know this is a bearish signal. However there has not been any significant long bull run before hand??

I welcome any counter arguements and explanations to why I'm wrong!

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.