A bullish H&S seems to be forming the right shoulder right about now. This formation, indeed, could be the pattern that begins the big up move, with the end of a consolidation lasting several months.
It is very worthy to take a long position here.
Entry level: 1.468
SL: Below head (1.453)
Final Target: 1.9 (that's right!)
Trade with care,
It is very worthy to take a long position here.
Entry level: 1.468
SL: Below head (1.453)
Final Target: 1.9 (that's right!)
Trade with care,
Note
Stop in BE - possibility of one more downward move in the channel.Note
In the breaking.Disclaimer
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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.