H&S formation that began forming in 2013
- 1st major support at roughly $33
- with coronavirus getting everyone and their mom out of public places/travel, this decline may happen rather quickly relative to how long it took for the H&S to form
- i would definitely hedge this trade with an out of the money call option that are pretty cheap right now after the recent decline
- 1st major support at roughly $33
- with coronavirus getting everyone and their mom out of public places/travel, this decline may happen rather quickly relative to how long it took for the H&S to form
- i would definitely hedge this trade with an out of the money call option that are pretty cheap right now after the recent decline
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Related publications
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.