KCS - Potential Bullish Reversal!

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

WEEKLY: Left Chart
KCS is approaching a strong support zone and round number 10.0 so we will be looking for buy setups on lower timeframes.

H1: Right Chart
KCS is forming an inverse head and shoulders pattern, but it is still an idea.

Trigger => Waiting for the right shoulder to form then buy after a momentum candle close above the gray neckline.

Meanwhile, until the buy is activated, KCS can still trade lower and break the 10.0 support. In this case a movement till the 5.0 support would be expected.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich