Head and shoulders looks like it could come together.
Trade active:
Entered short at .618
Trade active:
Second Layer initiated at the 76.4%
Trade active:
Adding third layer to short. Another critical level is broken
Comment:
Comment:
This is a good example of why giving advice to traders on a per position basis is flawed. I actually made money on this even if the trade went against me (I went long at .8570 after closing my shorts).