Price action and chart pattern trading setup > Inverted head & shoulders trend reversal pattern > Support Neckline 1st entry at breakout and 2nd entry at pullback > 1st target at SMA50 as key resistance > 2nd target at SMA200 or volume profile point of control > Stoploss at near lowest inverted head position > risk ratio : 2:1 is recommended for medium term trade
Indicators: > strong smart money and banker chip volume support > Fundflow rebounded for the first time coming out of oversold area > BBD positive signal uptrend above baseline > KDJ Sto positive ribbon uptrend
Always trade with affordable risk and respect your stoploss