Vaneck Head and Shoulders Pattern
What I see...
+ Prices broke through the H&S neckline last weed but pulled back to 10ma forming a hammer bofore bouncing back to a blue bar today, on good vol., to confirm the reversal pattern
+ MACD is bullish
+ RSI is at 57.7
+ Bollinger is narrowing
- Upper shadows
- Closing price a bit far away from the 10ma
- First Resistance at $151
What I setup...
+ Long entry above today's high
- Stop at bottom of hammer
+ Target at late Feb. high
:: Duration - 3 to 8 sessions
** Comments are Likes are appreciated; New Subscribers are head and shoulders above others! **
+ Prices broke through the H&S neckline last weed but pulled back to 10ma forming a hammer bofore bouncing back to a blue bar today, on good vol., to confirm the reversal pattern
+ MACD is bullish
+ RSI is at 57.7
+ Bollinger is narrowing
- Upper shadows
- Closing price a bit far away from the 10ma
- First Resistance at $151
What I setup...
+ Long entry above today's high
- Stop at bottom of hammer
+ Target at late Feb. high
:: Duration - 3 to 8 sessions
** Comments are Likes are appreciated; New Subscribers are head and shoulders above others! **
Trade fermée: ordre d’arrêt atteint
Stop reached; +1.62R
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.