TLT has recently had a weekly close above the neckline level of 123.14, formed by a 6-month+ double bottom pattern, for a the second time.
The first time it broke the 123.14 level was in April 12th, but failed to make a huge break to the upside after a moderate rally to 124.83.
Therefore, it is possible to do a long trade, small side portion from this current...
Huge inverted H&S pattern continue to form on the weekly graphs of Deutsche Bank, which suggest a buy opportunity if the price rally to the neckline level of 20.71. A good stopping level is at the most recent gap up at 18.00, while target price can be set at 30.41, thus 4.7 to 1 reward to risk ratio.