Late to this trade but looking for the Inverse head and shoulders potential target completion of 1.4450
Criteria for Inv H&S met:
Formed at the bottom of a trend
Neckline broken
also symmetry is good although not a major factor as we can also have more skewed (lopsided) shoulders
Edit - 27 July - took 75% offf @ 1.440, balance to run - stop in profit.
- 27 July - done. Took remaining position of. Nett 396pip altogether.
Criteria for Inv H&S met:
Formed at the bottom of a trend
Neckline broken
also symmetry is good although not a major factor as we can also have more skewed (lopsided) shoulders
Edit - 27 July - took 75% offf @ 1.440, balance to run - stop in profit.
- 27 July - done. Took remaining position of. Nett 396pip altogether.
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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.