Scenario one plays out a inv. head and shoulders on a slant. Second scenario accounts for the actual support of the first shoulder. Take profit zones are used for scale-out or re-entry.
Note
Well that was quicker than I had expected. Tp 1 hit, some decent resistance here.
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.