Inverse Head and shoulder pattern has formed on 4h chart of Alpha.
I would enter now or wait for a break out and retest for a target of 2.3
Stop 1.6
I would enter now or wait for a break out and retest for a target of 2.3
Stop 1.6
Trade active
Fakeout then droppedBut, this is the time to load up at 1.73... Stop loss remains the same.
Trade closed: target reached
Target 2.3 is the exact high.
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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.