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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 ✌
I forgot to post this idea and, even if prices could still pull back to the breakout area, at the moment, this would be a late entry so I'm not considering this trade.
Nonetheless, I must show it to you since this is a textbook Head & Shoulders Top. It also took place at the all-time high after a quite vertical move. You can keep it as a reference of what we want to see when looking for a H&S Top.
🔎🔎🔎 ALWAYS REMEMBER
"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.
═════════════════════════════
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 🤝
══════════════════════════════
Hello Traders ✌
I forgot to post this idea and, even if prices could still pull back to the breakout area, at the moment, this would be a late entry so I'm not considering this trade.
Nonetheless, I must show it to you since this is a textbook Head & Shoulders Top. It also took place at the all-time high after a quite vertical move. You can keep it as a reference of what we want to see when looking for a H&S Top.
- Pattern Class: 🌕🌕🌕🌕🌕
- Target area: 208.00
- Breakout area below: 275.00
🔎🔎🔎 ALWAYS REMEMBER
"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"
═════════════════════════════
⚠ 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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