BIAS: Short
Over the weekend, there will be a gap to the upside so there is still a good chance to get in this trade as it has broken the neckline.
This is also B wave within the corrective phase of Elliott Wave Theory.
I don't usually trade B waves but with the confluence of the H&S it looks pretty promising.
Over the weekend, there will be a gap to the upside so there is still a good chance to get in this trade as it has broken the neckline.
This is also B wave within the corrective phase of Elliott Wave Theory.
I don't usually trade B waves but with the confluence of the H&S it looks pretty promising.