๐ Short Setup
๐ Description:
MSCI Inc. (NYSE: MSCI) has formed a Head & Shoulders pattern, a bearish reversal setup. The price has broken below the neckline, confirming downside momentum. A retest of the neckline could provide another short entry opportunity.
๐ Trade Details:
๐ Confirmation:
A breakdown with strong volume adds conviction to the move. If price reclaims the neckline and holds above, the bearish setup could be invalidated.
Trade wisely! ๐๐จ
๐ Description:
MSCI Inc. (NYSE: MSCI) has formed a Head & Shoulders pattern, a bearish reversal setup. The price has broken below the neckline, confirming downside momentum. A retest of the neckline could provide another short entry opportunity.
๐ Trade Details:
- ๐น Entry: Below neckline breakdown confirmation
- ๐ด Stop Loss: 607.87
- ๐ข Target: 490.44
๐ Confirmation:
A breakdown with strong volume adds conviction to the move. If price reclaims the neckline and holds above, the bearish setup could be invalidated.
Trade wisely! ๐๐จ
Trade closed: target reached
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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.
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.