Inverse Head and shoulders breakout, typically a strong bottoming pattern as seen with the overall market a couple weeks ago which too remains strong.
FB has broken out through the neckline with a Fast MA Crossover indicating the correction may be over, a good risk reward presents itself here 1:4 if it were to break and close back below the neckline the trade would be wrong.
FB has broken out through the neckline with a Fast MA Crossover indicating the correction may be over, a good risk reward presents itself here 1:4 if it were to break and close back below the neckline the trade would be wrong.