ii. Inverse Shoulder head and Shoulder formation in progress.
forming higher low with possible hidden in view.
Approximate target for ISHS is around 208% profit from our Buy zone area.
But close attention must be given to the top of the channel around 330$-345$. If price break through it then the ISHS target will be possible.
If otherwise, then we will likely to have last wave of the channel which is wave (e).
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It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.