1. Inverse Head & shoulder pattern formed. (Possible BO from here)
2. Price also formed symmetric triangle (BO & retest completed) within the H&S pattern.
3. Entry suggested after proper breakout.
Targets as per previous swing highs:
Target 1 : 133
Target 2 : 157
Target as per Inverse H&S Pattern: 177
SL : Low of Right shoulder
2. Price also formed symmetric triangle (BO & retest completed) within the H&S pattern.
3. Entry suggested after proper breakout.
Targets as per previous swing highs:
Target 1 : 133
Target 2 : 157
Target as per Inverse H&S Pattern: 177
SL : Low of Right shoulder