Lifesong

STANDARD BANK - Potential Inverse Head & Shoulders forming

Long
Lifesong Updated   
JSE:SBK   STANDARD BANK GROUP LTD
I do not wait for the neckline to break before I trade a potential inverse head & shoulders pattern.
I rather use the retracement to the last shoulder as an early entry if it coincides with a demand zone.
The Daily chart shows signs of a possible opportunity of this materializing in the foreseeable future.
Trade active:
Move stop to 10500
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