Fomenka

Another H&S in TILE

NASDAQ:TILE   Interface, Inc.
TILE
I love this company but cannot help seeing H&S pattern which also breaks down to double top on a D frame

WHY
- H&S pattern on W
- divergence on indicators
- bouncing off all time resistance at 26
- some chart inconsistency (price failed to make a new high having stopped at 26 ) and double top on D (price travelled to 26.25)

HOW
- a lot of shorting of not confirmed structures these days, so I will only put little money to the test
- I perceive it high risk trade

DURATION
- up to 6 months
- going down to strong support levels on M frame (20)

ENTRY & EXIT
- now with a small money
- at a stop or if strong bullish price action is seen on 4H


🚪 t.me/EnergeiaCharta

🌏 energeiacharta.com

⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist

🗃️ Extensive analysis archives

📏 Chartopedia, with examples of applying ElliottWave to real world charts
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.