TradingView
pablo82
Feb 2, 2018 9:28 AM

HEAD AND SHOULDERS PATTERN Short

Australia 200OANDA

Description

Structure indicates we have a head and shoulder pattern in development .

Wait for breakout of neckline for entry.

Structure indicates trend reversal and start of bigger degree correction.

Comment

Trade active

Comment

I have entered on breakout of neckline.

Lets see how it will play out

Comment

Trade closed: target reached

Comment

Fantastic trade.

I have closed only 2/3 of position and will see how deep it might drop
Comments
sohal_07
good job....
do u think it's a time to go long now???
pablo82
@sohal_07,

Looking at current price action it seems we are in correction for more downside.

Need more time but bias remains bearish and I am still keeping 1/3 of original position
More