$US30 - ROUND NUMBERS GALORE - RECOVERY COMING UP?
Not the best inverse head and shoulders I could've hoped for but still decent enough offering a good risk:reward opportunity.
Currently forming the right shoulder so up to every trader's discretion whether they want to take this conservatively waiting for the slanted neckline break or at the end of the right shoulder formation.
A vaccine probably coming sooner than expected? :O
Hypothetical scenario:
(1) Entry @ 20000.0 (Buy Limit)
(2) Stop Loss @ 18500.0 (1500 Points)
(3) TP1 @ 22640.0 (2640 Points)
(4) TP2 @ 25000.0 (5000 Points)
(5) TP3 @ 27000.0 (7000 Points)
Stay tuned for the updates.
Follow and leave a like if you liked this idea and want to see more!
*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Currently forming the right shoulder so up to every trader's discretion whether they want to take this conservatively waiting for the slanted neckline break or at the end of the right shoulder formation.
A vaccine probably coming sooner than expected? :O
Hypothetical scenario:
(1) Entry @ 20000.0 (Buy Limit)
(2) Stop Loss @ 18500.0 (1500 Points)
(3) TP1 @ 22640.0 (2640 Points)
(4) TP2 @ 25000.0 (5000 Points)
(5) TP3 @ 27000.0 (7000 Points)
Stay tuned for the updates.
Follow and leave a like if you liked this idea and want to see more!
*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Trade closed: target reached:
All 3 targets reached.