Distinct Head and Shoulders Pattern, or as I like to call it the "Shampoo" Pattern.
Wait till the market CLOSES under the trendline. Stop has to be over the right shoulder!
Target usually is the high of of the Pattern itself projected downwards from the entry point.
Wait till the market CLOSES under the trendline. Stop has to be over the right shoulder!
Target usually is the high of of the Pattern itself projected downwards from the entry point.
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