after a long bearish move and bad sentiment
on 1h time frame we can see a inverted head and shoulder pattern
initiating trade according to -
as per neckline drawn on the chart
after the breakout only we can enter long and keep stop loss below the shoulder line
info line drawn from the head of the pattern indicates the up move possibility
duration of the trade could be short term
trade with proper risk management and position sizing
on 1h time frame we can see a inverted head and shoulder pattern
initiating trade according to -
as per neckline drawn on the chart
after the breakout only we can enter long and keep stop loss below the shoulder line
info line drawn from the head of the pattern indicates the up move possibility
duration of the trade could be short term
trade with proper risk management and position sizing