SXP-PERP Swipe IH&S 1HRSwipe (SXP-Perp) is showing a slightly off Ih&s n the 1 hour chart.
Looking closely it looks like it has broken the neckline and is currently retesting to find support.
If it plays out the textbooks say our TP should give us a 20% move or 0.23 cents, however once we multiply that by our percentage of meeting target (71%) we get 0.164 cents or 12%.
TP: approx 1.50
SL: Below right shoulder, around 1.26
Also, for bonus points, if you zoom out you should see a pretty obvious double bottom, nothing is guaranteed, but I like the odds on this one :)
Link for IH&S percentages thepatternsite.com