You could call it and Inverted H&S breakout or even a Rounding Bottom/Cup and Handle Breakout.
Target 1 is given as immediate resistance
Target 2 is given as height of the bottom to breakout / height of the head.
Trail SL once T1 is achieved.
R/R ratio looks great.
Let's make some money! Happy Trading.
Target 1 is given as immediate resistance
Target 2 is given as height of the bottom to breakout / height of the head.
Trail SL once T1 is achieved.
R/R ratio looks great.
Let's make some money! Happy Trading.