Back to ATHs? Inverse Head & Shoulders Imminent!
I’m starting to get a strong sense that price won’t fill the new week opening imbalance at 24,336. The Inverse Head & Shoulders pattern I’ve been anticipating all week looks ready to form — and if it does, I believe it’ll propel us right back toward all-time highs.
If price rips through 24,724, this idea becomes invalid, and I’ll reassess the chart for the next trade opportunity.
Lets see how this plays out!
If price rips through 24,724, this idea becomes invalid, and I’ll reassess the chart for the next trade opportunity.
Lets see how this plays out!
Nota
The monthly VWAP (purple) is resting within a large 1hr/4h bearish imbalance . I would like to see price sell off to the NY VWAP and reverse through the Monthly Open at 24,844
Operación activa
Just woke up but this trade is active now!
Entry from 24,669.50
Target: 24.987.75 NWO
Trailing at 24,844.50 Monthly Open
Operación cerrada: objetivo alcanzado
After price retraced near Monthly Open, I ended up closing this trade at the retest of the supply at 24,595
1,040 ticks | 5R Trade | Best trade this month!
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.