Potential H&S formation at a reversal area.
This is for a Wave (C) down to at least 0.9478 and beyond.
Note that the structure is not confirmed until it breaks the trigger point.
Shorting at current level offers a good RR but higher risk of failure.
This is for a Wave (C) down to at least 0.9478 and beyond.
Note that the structure is not confirmed until it breaks the trigger point.
Shorting at current level offers a good RR but higher risk of failure.
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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.
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.