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.
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