UPS prepare to long at the hourly demand zone (88-90)
Waiting for a pullback to test the hourly demand zone (88-90), prepare to long.
It will form a revised head and shoulders pattern.
price must down to 89.8 and above 88;
Stop or market buy at 90;
Stop 87.5;
target1=98. risk/reward =1.5/8=1:5.3
target2=106 risk/reward =1.5/16=1:10.6
It will form a revised head and shoulders pattern.
price must down to 89.8 and above 88;
Stop or market buy at 90;
Stop 87.5;
target1=98. risk/reward =1.5/8=1:5.3
target2=106 risk/reward =1.5/16=1:10.6
Order cancelled:
Gap down to 86, lower than the stop 87.5.