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vf_investment
May 16, 2023 11:57 AM

EWA - head and shoulders  Short

iShares MSCI Australia Index FundArca

Description

On this chart we can see head and shoulders, which is a bearish pattern.

Take the short position once the breakout of the neckline occurs.

Stop loss should be set above the right shoulder.

Target is shown on the chart.
Comments
KlejdiCuni
The structure looks very solid. It can push the price again. Thanks for sharing.
basictradingtv
great work, keep it up!
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