SPY ... Head and Shoulders pattern on Hourly [short setup]
Updated
I saw Head and Shoulders pattern on SPY hourly chart ... I have made these notes on the chart on 19th Feb . However I didnt get chance to publish the idea nor I took the SHORT trade.
Please note , this pattern already completed , dont enter any short trade now ... I Just wanted to share , to show how the pattern works
Please note , this pattern already completed , dont enter any short trade now ... I Just wanted to share , to show how the pattern works
Note
after breakthrough support line , see exactly it dropped 7 dollars , which is the height of neck ... so thats measured move
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