Inverse Head and shoulder on Weekly chart - QUICKHEAL

QUICKHEAL

Reason for the trade: Inverse Head and shoulder

• Downtrend from Jan 18 (Distribution phase)
  
  
• Accumulation started from Jun 19
  
  
• Waiting for Breakout on the neckline area soon and start Mark up phase :)
  
  
• Also high volume for past 3 months!!
  

Note: Only for educational purpose!!

Trade attivo:

Entered at 175 to ride the journey :)