this is based on my previous setup that i published, i saw that a Harmonic price pattern may also embrace or support our idea on a short position. Tp1=C Tp2=A
i am Convinced to risk 50 pips on this trade, i know it is against the odds of trading but i think the break out of our resistant and major downtrend are just market manipulations. reason why i am convinced to go Short on this pair is bcz the price is still within our rising wedge or yellow triangle and still within the attachment of our down orderblock, the...
we can see an average down movement of the asset price and a minar correction of an up trend aiming for the pullback on our supply resistant zone and 3rd touch on the major downtrend..pls share views
Aiming for the new Lower Low with a 1:3 ratio IF the price retest our other block and confirms the down movement
we can see a pre-confirmation of the change in trend by the retest of our neckkline on ur H&S structrure
Reason why i already confirmed that a H&S pattern is already goin to form is due to a big rejection on our H4 Demand Zone and push back on our support line of our dotted uptend
hii guys we can see a break out of a major uptrend and a RETEST of our Demand zone and resistant of our small downtrend; SHALOM