You can refer to the related idea below to recognize that I'am already shorting this pair on the daily time frame because of the bearish reversal pattern H&S.
However, on the hourly time frame, it shows that another reversal H&S completed, I set a buy stop in case of breaking the nick line but did not close the current shorts.
if the current pattern fails, it would show that the bearish momentum still intact and good to keep the shorts, if completed, we can make some profits from the bullish current pattern.
I hope I am not making it complicated for you to know what I am thinking of :)
Comments
nimat.amine
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Thank you for sharing it . Regarding the positioning size if we decided to enter long base on the pattern you mention above , it's wisely the positioning size to be same as short position we entry early during this week , since we still hold the short .
Thank You.