The head and shoulder pattern in addition to the upward flag that has formed within the over all downward trending channel sets up for a pull back supported by MACD crossover few days ago.
i've entered the trade at 129.75
- top of 130.47
- first price target at 129.02
- second price target at 127.40
i've entered the trade at 129.75
- top of 130.47
- first price target at 129.02
- second price target at 127.40
Trade closed: target reached:
Took profit at my first price target (129.02)
