Long
Monaco - Inverse Head and Shoulders
On a 15, and 5-minute scale we see an inverse head and shoulders which is a reversal pattern
We buy the on breaking the swing high (neckline - blue line)
We set a stop loss on the latest swing low ( estimate - the lowest point swing on breakout - red line)
We can also see a kumo-twist happening with a blue cloud on ichimoku
We buy the on breaking the swing high (neckline - blue line)
We set a stop loss on the latest swing low ( estimate - the lowest point swing on breakout - red line)
We can also see a kumo-twist happening with a blue cloud on ichimoku
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.