SAIL Inverted Head and Shoulder pattern (Short and then Long)
Updated
SAIL chart is in making of inverted Head and shoulder pattern. There is a good chance that it will complete right shoulder with the first target of 50 for short. And thereafter one should go long on for the target of 55-61 and 68.
Trade active
Target 1 for short is reached: 50.Now it should head towards 55-61-68 after some consolidation.
Note
Reaching target 2. Till now 54.35Note
The first target is already done.Now next target 61.
See how beautifully it has followed the inverted Head and shoulder pattern.
Note
Target 60-61 is also achieved. Now it is retesting level of 55.
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.