📉 Short Setup
🔍 Description:
NetEase (NASDAQ: NTES) is forming a Head & Shoulders pattern, a bearish reversal signal. A breakdown below the confirmation level would confirm the setup and indicate further downside.
📊 Trade Details:
📌 Confirmation:
A break below the neckline with strong volume would validate the bearish setup. If price moves above the right shoulder, the pattern could be invalidated.
Trade wisely! 🚀📉
🔍 Description:
NetEase (NASDAQ: NTES) is forming a Head & Shoulders pattern, a bearish reversal signal. A breakdown below the confirmation level would confirm the setup and indicate further downside.
📊 Trade Details:
- Entry: Below confirmation level
- 🔴 Stop Loss: 109.37
- 🟢 Target: 83.43
📌 Confirmation:
A break below the neckline with strong volume would validate the bearish setup. If price moves above the right shoulder, the pattern could be invalidated.
Trade wisely! 🚀📉
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.
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.