Looking for the last leg of the head to complete around $4400 then a drop into the $3500 range to complete the right shoulder.
If this setup follows through the next thing to look for would be a clean break of $4400 which would signify a Inverted Head and Shoulders completion.
Target $5700
Watching for any confluence indications within the RSI and EMA to confirm trade strength.
Merry Christmas!
If this setup follows through the next thing to look for would be a clean break of $4400 which would signify a Inverted Head and Shoulders completion.
Target $5700
Watching for any confluence indications within the RSI and EMA to confirm trade strength.
Merry Christmas!
Comment:
One of my most profitable trades to date! Entry at $4437.00 (right in the middle of the yellow box marked on my chart). Currrently sitting at 50%+ gain, no plans on closing this one any time soon!!
Comment:
Still riding this trade. 1217% profit thus far with no plan of selling