SHOP is ready to pump 45 %.
We can see an inverted head and shoulders pattern. We got a higher low which shows a demand.
The target is shown on the chart($60)
You can put a stop loss below the head of the formation
We can see an inverted head and shoulders pattern. We got a higher low which shows a demand.
The target is shown on the chart($60)
You can put a stop loss below the head of the formation
Trade active:
Beautiful breakout. The trade active
Comment:
Pullback now. If the price retests the neckline of the pattern, it will be a long opportunity. Target remains the same.
Comment:
The price retested the neckline of the head and shoulders pattern. bullish from here
Trade closed: target reached:
target reached
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