SHORT Inverted H&S predicting, if Conf.Line breaks up!
Updated
I predict H&S pattern will performs if 4H candle close above confirmation line at 7840.
From this position we have 2 targets:
1- 9150 with 17% profit
2- 11295 with 44% profit, as strong resistance.
Price may drop from 2nd targets to retest neck line at 9150.
Use your money management and stop lose. Good luck!
From this position we have 2 targets:
1- 9150 with 17% profit
2- 11295 with 44% profit, as strong resistance.
Price may drop from 2nd targets to retest neck line at 9150.
Use your money management and stop lose. Good luck!
Note
Now it is clearly for me a reversal H&S pattern, and right now it is performing the right shoulder.We need to close above neck line at 9150 with a long green candle to reach target at 11295
Trade closed: target reached
Target almost reached my targetNote
*price*
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