SAP SE O.N.
Short
Updated

Short SAP

123
Rejecting trendline, 4hr bearish candle, RSI overbought with bearish divergence
Note
Potential head & shoulders in the making
Note
triple top at 100€ (15min), potential bearish SFP. If it's not a SFP, the H&S is stil in play
Note
101 is the top of the left shoulder. I want SAP to stay below for continued short confidence
Trade closed: stop reached
Note
I think this should have been "target reached" as I closed in profit / moved stop to profit but w/e trade worked out well

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.