head and shoulders formation

Hello,

found classical head and shoulders formation on this 15 mints chart. holding 700 PE of April months.
Will see how it will work.

Regards,
Satish

Zlecenie aktywne:

PE 700 strike price order not get triggered. however entered into the trade with short position in last 15mint upward move. View is still negative on the chart.
positional trade with first target 950 and after that planning to ride the trade. stop loss is placed at shoulder range.

Zlecenie zamknięto ręcznie:

As low liquidity yesterday in 700 PE i have shorted with the future with the shoulder range SL. however today it shows the massive up move from the starting of the day... So did not waited to hit the SL.. Exited early to save the capital.
"Trapped realization is good then waiting for SL target."