Head & Shoulders pattern

2020년 10월 24일

HUL has formed a Head & Shoulders pattern in the 25 min time frame. So if it gives a breakdown, it can go down at least 60 points.
But bear in mind it is near oversold zones in the RSI. So if it fails to breakdown, a trade can be taken on the long side too.
If short ---Downside target: 2070.
If long ---Upside target: 50 points.
SL : The blue line.

(PS: I'm more on the upside bcoz the price just came out from a double bottom pattern, )

2020년 11월 10일

거래청산: 타겟 닿음

Gave targets on the upside. Even if one would have shorted after it brokedown from the head & shoulders pattern, one would have made profits.