This is a trade i will be watching closely on Monday when the markets open, we have a clear head and shoulders formation developed outside of the monthly trend line, this could be a fake out from the monthly time frame and working its way back, i will be watching what happens on the 1h time frame, waiting for the retest of the resistance to place my sell limit order. If the charts match all of my requirements for this trade i will be placing my order, always analyse charts but do not work on the basis of prediction but reaction to the market
I am still a beginner trader myself and have very limited knowledge, i publish these purely for myself to track my progress but if they do help others or give you ideas please comment and leave feedback, very much appreciated. All constructive criticism is welcom
I am still a beginner trader myself and have very limited knowledge, i publish these purely for myself to track my progress but if they do help others or give you ideas please comment and leave feedback, very much appreciated. All constructive criticism is welcom