“Head and Shoulders Trade Setups on (BTC, JPM, UNH)”
UNH faces further downside risk; current bounce offers short entry with target at support levels.
And finally, with UNH. You are looking at a beautiful "head and shoulders" pattern that has already broken out but is looking forward to a possible bounce. Okay, the probability of a rebound.
Isn't that so? As you can see, boom, left shoulder, head, right shoulder, downward movement, and now it's starting to recover a little, creating a great opportunity for short selling .
One of the things we can do is measure this movement. What is that measured movement? A complete downward movement to here.