Look at the chart and it says everything.
1. There is a H & S pattern, neckline is broken.
2. ABCD pattern is on its way to finish.
Entry:
3. Go short on retest of the H & S neckline
4. Go long at the completion level of ABCD pattern
--
Avto_T
Financial Analyst
rcpforex.com
1. There is a H & S pattern, neckline is broken.
2. ABCD pattern is on its way to finish.
Entry:
3. Go short on retest of the H & S neckline
4. Go long at the completion level of ABCD pattern
--
Avto_T
Financial Analyst
rcpforex.com
Trade active
Trade closed: target reached
Target was hit in 147 pips profit.Note
Get involved in ABCD at the close level of previous trade.Trade closed: target reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.