Bullish divergence on 1H on the Stochastic and RSI.
Broke out of the down trend line on 1H
MacD starts to point upward
Inverse H&S with the neckline at $7400. This is the confirmation for this pattern to play out.
Target : $7850
Entry: $7280 - $7370
Stoploss: $7149
R/R : 3.27
Broke out of the down trend line on 1H
MacD starts to point upward
Inverse H&S with the neckline at $7400. This is the confirmation for this pattern to play out.
Target : $7850
Entry: $7280 - $7370
Stoploss: $7149
R/R : 3.27
Comment:
All of my entries have been filled which were $7305, $7265 and $7245
Trade active
Trade closed: stop reached