Reverse head and shoulder on COFORGE
COFORGE formed a reverse head and shoulders pattern on daily chart. Price broke out of resistance area with strong bullishness. Also there was a gap up on todays opening indicating there is strong buying pressure. Stop loss can be held just below previous swing with target the width of the head. Provides an ideal risk reward of 1:2.
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Hope you liked this idea. If so please do boost this idea or leave a comment below on what you think. Otherwise happy trading :-).
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。