Reversed H&S
A reversed H&S on the Daily time frame.
Would wait to take over the weekly level first after being a strong resistance than take it as a support before opening a long position.
My setup would be as follow: long at 5.5 with a TP 6.9 with a SL 5.
That if it manages to breaks up the resistance and take it as support. More time is needed to validate this setup but it is a possible long setup with a 80% chance to be played.
Would wait to take over the weekly level first after being a strong resistance than take it as a support before opening a long position.
My setup would be as follow: long at 5.5 with a TP 6.9 with a SL 5.
That if it manages to breaks up the resistance and take it as support. More time is needed to validate this setup but it is a possible long setup with a 80% chance to be played.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.