AXS is showing a promising 8-month reverse head and shoulders pattern, indicating a potential rally with substantial profits! Remember, these are swing trades that could take weeks or even months to fully develop.
Key Points:
Breakout Confirmation: A breakout from the neckline will confirm the long-term target of the inverse head and shoulders pattern.
Exit Targets: Identified on the chart.
Invalidation Level: If the price breaks below the right shoulder, it will invalidate the setup.
Make sure your money management strategies are in place. Let's ride this chart as planned and aim for those targets!
#TradeCalmly with #Seahawk
Key Points:
Breakout Confirmation: A breakout from the neckline will confirm the long-term target of the inverse head and shoulders pattern.
Exit Targets: Identified on the chart.
Invalidation Level: If the price breaks below the right shoulder, it will invalidate the setup.
Make sure your money management strategies are in place. Let's ride this chart as planned and aim for those targets!
#TradeCalmly with #Seahawk
Nota
We're still holding this position and will wait for the weekly candle to close before deciding whether to stay in or exit.Dagangan ditutup: hentian tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.