7974 - 6 months HEAD & SHOULDER BOTTOM

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Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS

🤝Let’s learn and grow together 🤝
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Hello Traders ✌

Second great pattern in a row for Nintendo. Means
nothing in terms of profitability but, didactically, here
we have an almost perfect H&S Bottom. Looking the
Head we can spot a Rectangle.
If prices go towards the target, keep in mind that we
may have to deal with the previous level that formed
the Symmetrical Triangle.

• Pattern Class: 🌕🌕🌕🌕🌕
  
• Target area: 63550
  
• Breakout area above: 57700
  

Entry Point and Initial Stop Loss depends on your
Trading Plan Tactics and Money Management rules.

🔎🔎🔎 ALWAYS REMEBER
"A pattern IS NOT a Pattern until the breakout is
completed. Before that moment it is just a bunch of
colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal
opinion and it is posted purely for educational
purpose and therefore it must not be taken as a
direct or indirect investing recommendations or
advices. Any action taken upon these information
is at your own risk.
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