Lt daily head and shoulder at the life top

hello traders

check this latest development on LT chart on daily time frame

its a head and shoulder

short
below 3450

target price 10% from shorting level
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warning : short only if closing below 3450
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stop loss the last shoulder high

Commento:

stop loss price closing above 3700

Commento:

Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis

Commento:

around 75 point profit done in just two days

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4 %
around 135 point profit running in just 3 session continious

Commento:

6% net profit running around 200 point

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7.5% profit running around 260 point

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at todays low around 8% profit running

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Commento:

is current scenario is a second opportunity to short

Commento:

price closure to our stop loss level, may be stop loss trigger, but incase not than currently risk reward is at there great level for fresh entry

Commento:

Commento:

our stop loss is 3700 on closing basis is still safe

Trade chiuso: stop raggiunto