RossLarter

BHG - Head and Shoulders

Short
VELOCITY:XJSE_BHG_CFD   Bhp Group Ltd
A Head and Shoulders pattern has formed on BHG and with yesterday's downward move, our order to go short was triggered. The target of the H&S lines up nicely with the support level at around 520. If this downward momentum continues, I think it's safe to say that we will reach target on this trade.

Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView

For more info about our training and mentorship visit www.suretrading.co.za
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.