Head and shoulder

26 lut 2018

A short position to be taken and covered according to areas marked based in trend based fib levels

26 lut 2018

Transakcja zamknięta: osiągnięto wyznaczony cel

short covered

26 lut 2018

Uwaga

Trade reentered after confirming the PRZ...
This time in long position...

26 lut 2018

Transakcja zamknięta: osiągnięto wyznaczony cel

ABC fibonacci retracement change to the new bottom, instead of the ABC of the AB=CD pattern... 0.382 level changed and take profit entry changed ....

Long closed

26 lut 2018

Zlecenie aktywne

same chart post head and shoulder....
Trade reopened as i fell the head and shoulder effect has bottomed out...

The long entry has been done 0.886 level keeping a very close stoploss at ab=cd level...
lets see hoe it plays out..

26 lut 2018

Zlecenie aktywne

should have squared off at 0.618AB!

26 lut 2018

Zlecenie aktywne

i guess 0.618 has become a stalemate level.... will square of if good vol breakdown happens below this level..

26 lut 2018

Transakcja zamknięta: osiągnięto wyznaczony cel

26 lut 2018

Zlecenie aktywne

same chart...trade reopened in bracket order

With current entry tp and sl specifications at the back of a bullish AB=CD

26 lut 2018

Zlecenie zamknięto ręcznie

bracket order abandoned..
bullishAB=CD pattern failed to establish after abc retracement didnt work in bearish favor...

26 lut 2018

Zlecenie aktywne

same chart...

reorganized the AB=CD , bracket order placed again...

26 lut 2018

Zlecenie aktywne

Short order executed...
Another head and shoulder?

Cover order re adjusted

26 lut 2018

Zlecenie aktywne

most probably conviction is right, another head and shoulder in formation, still right shoulder yet to go!



cover order maintained after readjustment from 0.618AB to 0.886AB

26 lut 2018

Zlecenie aktywne

stoploss revised to B point of AB=CD
More short positions added
Volumes degenerating
This is a confirmed head and shoulder..
Feeling excited! bit of high risk taken

26 lut 2018

Uwaga

sorry correction, stoploss revised to C point of abcd

26 lut 2018

Uwaga

have been typing wrong with all the excitement..

Sl revised to A point and more shorts added to C point of abcd

26 lut 2018

Uwaga

failed head and shoulder...!

26 lut 2018

Transakcja zakończona: osiągnięto poziom stop

made a basic mistake, didnt catch the divergence well, the moment the divergence happened, the price got caught in a symmetrical triangle , which broke out !

Lesson learnt..

26 lut 2018

Uwaga

here is that symmetrical triangle post divergence..!