Pros
Cons
Strategy
*Personally, that you are in an uptrend, the objetive of the H&S is too aggresive, I prefer to put it above the uptrend.
- Chart pattern H&S
- Pattern confirmed with a pullback at 38/50% correction of the previous impulse
Cons
- Countertrend
- Low Reward/Ratio
Strategy
- Sell at the current level.
*Personally, that you are in an uptrend, the objetive of the H&S is too aggresive, I prefer to put it above the uptrend.
Trade closed: stop reached
Sometines this happen.
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.
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.