Dow. H+Shoulders. Divergence

13 Nis 2020

Divergence on the dow hourly MACDH. Possible head and shoulders, watch out for a fakeout breakout

13 Nis 2020

Not

22570 target (height of H+S). Also support level and potential breakout Zone of the long term rising wedge (see 4hr or daily charts). Stop above the high of the right shoulder, although generally if it moves above resistance of 23520 probably best to close out and look at a long.

13 Nis 2020

İşlem elle kapatılmış

Took 75% of profits at swing low 360 points lower. Kept remaining 25% with high of last candle before market closed at 23520.