Inverted Head and Shoulders Forming on XXII 15-Min.

116 3
Long term target of around 4.59. Keep an eye out.
I agree and all my FIB retracements say the same thing. If we can hold here and then break 4, I think your next target though is around 4.09. I might sell there and cover some profit.
+1 Reply
JakeBolling ItsWilder
@ItsWilder, Really appreciate the feedback. This is actually my first time going off a chart pattern so that idea is definitely noted! Maybe I'll sell of half my shares at 4.09 and tighten my stop a bit. What do you think? Also, would you mind linking me up with a good resource to learn fib retracements, it seems like a common indicator. Thanks!
ItsWilder JakeBolling
@JakeBolling, Didn't expect the falloff this morning. I stopped out at 3.65. Hope you're doing OK.

As for FIB RETRACEMENTS, I like Trading 212's YT Channel. Check out his video on FRs: https://www.youtube.com/watch?v=Ytr__kKKYBA
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