AkshayAdak

Inverse Head and Shoulder Pattern

Panjang
AkshayAdak Telah dikemas kini   
NSE:INFY   INFOSYS LTD
This is 1D timeframe.

Infosys have formed a inverse head and shoulder pattern with a morning star at bottom in head.
Last three days, 2 good bullish candles, but the volume is average so I need more confirmation to initate the trade.
Will wait to get a closing above 20th July candle with volume support.
Then I can target the 1660-1670 zone.
I can keep stoploss below neckline to gain good RR ratio.

This post is for information purpose only.
Dagangan ditutup: hentian tercapai:
It did broke 20th July's candle but didn't sustained and hit my SL.
Now has shown again a bullish momentum in last three days. Lessons learnt.
Will watch how it moves futher.

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.