finally the inverse H&S is broken, as well as the 100 EMA, which to me is a strong enough reason to go long
TP1: 10,000 (psychological and resistance level)
TP2: 11,900 (neck to head distance)
stop Loss: 7,880 (lowest shoulder value)
***Disclaimer***
- This information is not a recommendation to buy or sell.
- I am not a pro trader, but someone learning technical analysis , as i go along, constructive criticism and positive feedback is most welcome :)
TP1: 10,000 (psychological and resistance level)
TP2: 11,900 (neck to head distance)
stop Loss: 7,880 (lowest shoulder value)
***Disclaimer***
- This information is not a recommendation to buy or sell.
- I am not a pro trader, but someone learning technical analysis , as i go along, constructive criticism and positive feedback is most welcome :)
Trade active:
Target 1 of 10K done, expecting a bounce back from 10K to target 2 of 11,950
Comment:
Target 2 in range, ill be wrapping up my positions, when prices touch the top of the channel @ ~11,500-11,900
Trade closed manually:
there is a failure to breach the top on the channel, so im closing positions will still green...
