Inverted H&S: Right At The Top in Biocon
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The long trades could be initiated above the neckline of this inverted pattern.
Hope this idea will help some traders for better trade planning.
Do hit the like button and comment if necessary.
Regards
Bravetotrade
Hope this idea will help some traders for better trade planning.
Do hit the like button and comment if necessary.
Regards
Bravetotrade
Nota
I will try to delve into the levels as soon as the trade is initiated.Nota
NiceWe can wait for a close above neckline on hourly before going long.
One can try any other entry technique that works.
Nota
Trade will be active above 616, stop below 600, target will be 645.Nota
Order above 616 still pending.Nota
Stock is taken down by the weak market. The pattern will be reconsidered above neckline 612-613 level. Pattern will be negated below 566.
JJ Singh
Trader/Investor
Moderator, TradingView
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Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
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