Inverted H&S pattern @ Range high

7 апр. 2018 г.

The stock has been consolidating inside a broad range for sometime. Now that the range have been established, the prices tried multiple attempts to breakout of the range and it ultimately formed a Inverted HS pattern at its range high. Hence we can short below its neckline at 950 for a target of its range low 905.

Entry - Below 950 based on bearish close
SL - 975
T1 - 935
T2 - 920
T3 - 905

For study purpose.
Thanks.

10 апр. 2018 г.

Сделка активна

11 апр. 2018 г.

Сделка закрыта: достигнута стоп-лосс цена

Pattern failure