1) Inverse head and shoulder is emerging.
2) Bullish kumo twist is spotted.
Trade plan:
a) Trade the breakout of neckline OR
b) Long when the candle closes above the kumo cloud (kumo breakout)
c) TP = distance between head and neckline, SL = distance between right shoulder and neck
2) Bullish kumo twist is spotted.
Trade plan:
a) Trade the breakout of neckline OR
b) Long when the candle closes above the kumo cloud (kumo breakout)
c) TP = distance between head and neckline, SL = distance between right shoulder and neck
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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.
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.