- Price formed a potential H&S which would wait for a confirm in breaking out and closed below 733 - Trend still shows bullish bias if price manages to find support and makes HH & HL then, so a Long order only when price closes above Right shoulder is valid for a Long timing
Note
Price broke down, bearish trade/view is valid
Trade closed manually
The set-up for downside with pattern H&S failed to break through with enough profit to take from my opinion, so I should close out all my trades.
I’ve taken a break from my public community engagements to focus on raising my three kids, but I'm rediscovering my passion for working again. Stay connected, as I plan to return and rejoin my old communities with a lot of new skills one day soon.
I’ve taken a break from my public community engagements to focus on raising my three kids, but I'm rediscovering my passion for working again. Stay connected, as I plan to return and rejoin my old communities with a lot of new skills one day soon.
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.