METROPOLIS - Inverse Head n Shoulder breakout
METROPOLIS has formed Inverted Head n Shoulder pattern and given a breakout at 1370 resistance.
Usually Inverted HnS patterns are trend reversal patterns, so this seems to be good for long with trail SL.
Immediate target: 1540-1550 zone.
SL: Daily candle close below 1400 levels.
Usually Inverted HnS patterns are trend reversal patterns, so this seems to be good for long with trail SL.
Immediate target: 1540-1550 zone.
SL: Daily candle close below 1400 levels.