Head and Shoulder Pattern and break of Channel Support
I was lucky that last week price didn't trigger my sell order. Now price and setup is even better.
Head and Shoulder pattern at the top of the channel or at the bottom are my favorites.
- 1_TP: as usual at 100% extension of H&S range
- 2_TP: at 38.2% fib of previous trend
Bellow is my Daily bullish channel support where bounce or consolidation is very possible..
Daily Channel:
Head and Shoulder pattern at the top of the channel or at the bottom are my favorites.
- 1_TP: as usual at 100% extension of H&S range
- 2_TP: at 38.2% fib of previous trend
Bellow is my Daily bullish channel support where bounce or consolidation is very possible..
Daily Channel:
Trade active
Trade closed: stop reached