Possible Daily H&S - Swing Trade

Zaktualizowano
We have the following:

  • Head and Shoulder Pattern (Slanted Neckline)
  • MACD and STOCH Divergence
  • Engulfing bearish breakout from H&S


CONS;
We haven't broken the long term up trend.
We are near to a good role reversal zone.
R&R not so good if we use a conservative SL place above the right shoulder.

Things to possibly watch for:
Good breakout of trendline and RR + pullback.
Wait for a good entry in H4 or H1.
Zlecenie aktywne
You may take partials. We can expect either a pullback or a downtrend continuation. Wait for price action confirmation.
Transakcja zamknięta: osiągnięto wyznaczony cel
Chart PatternsTechnical IndicatorsrolereversalTrend Analysis

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