Downtrend continuation
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It seems that wave (iv) still forming.
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Many times , if we have strong trend like here, (b) waves reach 1.272 of (a) waves or even more. If we have an H&S pattern in development , the target is in same area. So this short setup has many chances to succeed.
We wich you a good luck.
We wich you a good luck.
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Sorry for the chart above
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Wave A has been formed (?)
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Normally, we must wait to see wave B to completed and we will trade wave C (we expect impulsive five ).
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3 Drv pattern?