Price seems to be tryin to form a head and shoulders. we had a big impulse nearly breaking the blue dashed trendchannel and are now forming a nearly perfect flag. if we breakout to the upside i iwll be looking to buy
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Trade active:
lets see if we can find some followthrough, markets are very slow this week
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this is my rough targetsetup.
618 retracement, somehwat of a retest of the neckling (and maybe tg3 for an break of the neckline, but not sure about that yet - depens how the market behaves)
618 retracement, somehwat of a retest of the neckling (and maybe tg3 for an break of the neckline, but not sure about that yet - depens how the market behaves)
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Trade closed: stop reached:
first attempted got stopped out. i might consider a reentry if we break the currently bigger consolidation
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Trade active:
lets see if we can this time find the desired followup