Head and shoulders pattern is emerging. Expecting a significant C wave correction (Elliott wave count).
Short entry: 11724
Take profit 1: 11336
Take profit 2: 11183
Stop loss: 11906
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RRR: 3+
Trade active
Comment:
Price continued up to fibonacci 0.236 and is currently forming a flag.
I may revise the TP because it looks the corrective structure could be a flat
Comment:
Flag support was broken:
Now for that steep channel
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I may revise the TP because it looks the corrective structure could be a flat