Looking for the head and shoulders pattern to complete, We will;
1. Wait for price to break the support line
2. Come. back up to retest it
3. On the failed retest we will enter the short.
See TPs in chart
1. Wait for price to break the support line
2. Come. back up to retest it
3. On the failed retest we will enter the short.
See TPs in chart
Note
TP1 hit with no drawdown
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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.