- Price formed a potential H&S which would wait for a confirm in breaking out and closed below 733
- Trend still shows bullish bias if price manages to find support and makes HH & HL then, so a Long order only when price closes above Right shoulder is valid for a Long timing
- Trend still shows bullish bias if price manages to find support and makes HH & HL then, so a Long order only when price closes above Right shoulder is valid for a Long timing
Comment:
Price broke down, bearish trade/view is valid
Trade closed manually:
The set-up for downside with pattern H&S failed to break through with enough profit to take from my opinion, so I should close out all my trades.
Stay-tuned for next set-up
Stay-tuned for next set-up
