Descending Triangle & Potential H&S?
(not financial advice) I'm not a pro, just learning. What you guys think of this idea? A potential H&S appears in the bigger picture. But on the 4h-timeframe, it looks like we have a descending triangle .
I THINK that it will pull back to about 1.90 (with SL it may hit the 1.88). Good entry here. It will try to break the $2 again, but I think it will drop once again to $1.70-1.72 and then back upwards.
I THINK that it will pull back to about 1.90 (with SL it may hit the 1.88). Good entry here. It will try to break the $2 again, but I think it will drop once again to $1.70-1.72 and then back upwards.
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