Short
PGAL- 1 year long HEAD & SHOULDERS TOP
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Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
Portugal ETF is forming a quite unbalanced H&S Top
with the neckline standing at 10.45 level. Any
breakdown must immediately deal with the previous
10.10 level so we have to be careful when evaluating
an Entry Point.
Entry Point and Initial Stop Loss depends on your
Trading Plan Tactis and Money Management rules.
🔎🔎🔎 ALWAYS REMEBER
"A pattern is NOT a Pattern until the breakout is
completed. Before that moment it is just a bunch of
colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal
opinion and it is posted purely for educational
purpose and therefore it must not be taken as a
direct or indirect investing recommendations or
advices. Any action taken upon these informations
is at your own risk.
════════════════════════════════
Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
═════════════════════════════════
Hello Traders ✌
Portugal ETF is forming a quite unbalanced H&S Top
with the neckline standing at 10.45 level. Any
breakdown must immediately deal with the previous
10.10 level so we have to be careful when evaluating
an Entry Point.
- Pattern Class: 🌕🌕🌕🌑🌑
- Target area: 8.80
- Breakout area below: 10.10
Entry Point and Initial Stop Loss depends on your
Trading Plan Tactis and Money Management rules.
🔎🔎🔎 ALWAYS REMEBER
"A pattern is NOT a Pattern until the breakout is
completed. Before that moment it is just a bunch of
colorful candlesticks on a chart of your watchlist"
═════════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal
opinion and it is posted purely for educational
purpose and therefore it must not be taken as a
direct or indirect investing recommendations or
advices. Any action taken upon these informations
is at your own risk.
════════════════════════════════
Disclaimer
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