Mother of all Inverse Head and Shoulders
Candle needs to close above neckline for confirmation.
Height of head to neckline (Price Difference) x 2 = Price Target
Set Stop Loss accordingly :)
Height of head to neckline (Price Difference) x 2 = Price Target
Set Stop Loss accordingly :)
Note
Neckline above the daily candle. Trade is still activeTrade active
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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.
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.