Long

Possible Inverted H&S

Updated

After a strong buy candle it seems to be forming an inverted Head and shoulder, it's good to wait the breakout on the downtrend line, but if you're agressive an early buy is also a good point!

Note

We got a good breakout, now is time to following up until the target, a pullback will be normal, if it fall to the trend line the H&S will be canceled

Trade closed: target reached

target reached!

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.