PGAL- 1 year long HEAD & SHOULDERS TOP

30 Jan 2022

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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 ✌

Portugal ETF is forming a quite unbalanced H&S Top
with the neckline standing at 10.45 level. Any
breakdown must immediately deal with the previous
10.10 level so we have to be careful when evaluating
an Entry Point.

• Pattern Class: 🌕🌕🌕🌑🌑
  
• Target area: 8.80
  
• Breakout area below: 10.10
  

Entry Point and Initial Stop Loss depends on your
Trading Plan Tactis 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 informations
is at your own risk.
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