Potential head and shoulders pattern forming on the NAS100.
Recommendation is wait for the 2nd shoulder to form and look for sell setups after that confimation
Recommendation is wait for the 2nd shoulder to form and look for sell setups after that confimation
Trade active:
Chart seem to have failed to form the second shoulder, but rather may have now created a Double top, which still mantains the Short position and the same targets.
Trade closed: target reached:
Successful trade. Both targets reached.
Trade closed: target reached