tipere445

H&S?

Short
tipere445 Updated   
AMEX:IWM   iShares Russell 2000 ETF
Good day folks,
I'm gonna hedge a bit on my long by opening a short on this one as we may have a H&S here.
Cheers,
Trade closed: stop reached:
Less likely to happen now that the price is breaking out from its left shoulder and first top on its right shoulder.
Trade active:
Lets see if the neckline holds..
Trade closed: target reached:
I'm gonna take some money out here as QQQ seems to hold the market from going lower.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.