Shorter-term H&S confirmed, breakout should head to about 1.10.
Take profit level depends on the height of the "head". Since its slanted and on a shorter time frame, I've measure about 0.04 worth of movement below the neckline.
Stop loss at top of right shoulder.
Take profit level depends on the height of the "head". Since its slanted and on a shorter time frame, I've measure about 0.04 worth of movement below the neckline.
Stop loss at top of right shoulder.
Note
Hold based on weekly H&S chartTrade closed manually
Profit about 1/5th of the way through my target before timeline ended. Stay short based on larger time frame chartsNote
6-1-0
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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.