there is a head and shoulders patter. The first step of this new short wave is the target of this pattern
divergence in smaller timeframe
as I draw, the long structure of the price on Daily was broked! The stop loss can be little bit over the spikes, but I prefer to put it on the hight of the structure, when I'll seen a seller come into the market, I'll move it down. P.S.: THE STOP LOSS IS 1,8025, not 1,8000 (my mistake, sorry)
as I draw: we are to retest the previus structure in H4 e H1, and the trend is short
The structure in H1 was broked in short, so I'll do as draw
This timeframe suggest me what I've draw, but have to be carefull because the daily is set to be short!
The long structure of the prize was broked. What I'm expect to happen is that: the prize will be rejected from the entry point and close 20 pips down from there (at least at 1H timeframe).
For me the point of reaction it will be at 5k, not now. At the moment it seem to be only a retracement...About the long position I prefer to go step by step, but for me it will go to retest the top at about 20k
If the buyer doesn't appear at this level, and it can't be possibile to move the stop loss at the entry level very soon, the next level to try a long posizion will be at 2500$ with stop loss at 2000$
entry level: 65,44 - SL 65,34, TP 65,84
First target: 2.883. After that 2.794.. at that level I'll try a long size