Juliac

SGX - Inverted H&S breakup

Long
SGX (SGX:S68)  
SGX:S68   SGX
Long upon the break of the neckline at 8.86 wit initial stop below today's candle low @ 8.65. It may break up and retrace to retest neckline again within a week, if that happens, it's normal as long as it does not break more than a few ticks below the neckline.

Looking for H&S Target @ 9.80 (protect with trailing stops on the way up though).

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.


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