A TL break + H&S retest gives us an opportunity to sell the pair with a stop around 142 (right shoulder's high)
TP at a 2:1 but we may want to trail SL and exit sooner based on price action as the trend is still bullish
TP at a 2:1 but we may want to trail SL and exit sooner based on price action as the trend is still bullish
Note
We can take our stop to 141.95 (trailing with market structure - above last lower high)
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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.