Long
S&P500: Possible Failure Reversal H&S
The neckline was pierced only by the shadows, bearish trap
Now prices are pointing to the right shoulder high, the bullish confirmation will be above 4600
On the daily chart we have the confirmation of a Falling Wedge, with anticipatory entry (to anticipate breakout of the right shoulder) 0.30% at 4395
Now prices are pointing to the right shoulder high, the bullish confirmation will be above 4600
On the daily chart we have the confirmation of a Falling Wedge, with anticipatory entry (to anticipate breakout of the right shoulder) 0.30% at 4395
Trade closed: target reached
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Related publications
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.