2 formations, target 1740
Updated
Following 2 formations.
The first one is a reversal head and shoulders formation in 1h chart ( you can check in 1h chart, it's more clear). Shoulder target has reached and now target is 1504 which is head target.
After that It'll be a new high. Then we can continue cup and handle formation.
I think first we'll hit 1609 which is handle target, then a pull back, and finally we'll see cup target, which is 1740.
See you there!
The first one is a reversal head and shoulders formation in 1h chart ( you can check in 1h chart, it's more clear). Shoulder target has reached and now target is 1504 which is head target.
After that It'll be a new high. Then we can continue cup and handle formation.
I think first we'll hit 1609 which is handle target, then a pull back, and finally we'll see cup target, which is 1740.
See you there!
Note
TP1 trached.Note
TP2 Reached. 1609
Trade closed manually
TP3 nearly reached, 1739. Closing manually.
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.