Well... There is much possibility of the formation of the ascending wedge rather than HS pattern.
Think about the doubts below if you believe its hs pattern.
Question 1: where is the neckline?
Higher highs have already destroyed it.
Question 2: where is the right shoulder?
Even too hard to recognize.
The 4800 TP is still valid. If it breaks the major support line area first.
Course you can absolutely wait for more confirmation. But i've already taken short.
BTW, remember to set your stop loss.
Think about the doubts below if you believe its hs pattern.
Question 1: where is the neckline?
Higher highs have already destroyed it.
Question 2: where is the right shoulder?
Even too hard to recognize.
The 4800 TP is still valid. If it breaks the major support line area first.
Course you can absolutely wait for more confirmation. But i've already taken short.
BTW, remember to set your stop loss.
Komentarz:
Remember to take profit.