Looking to short off the triangle top. Tight stoploss right above the triangle. Willing to risk half of what I made from head a shoulders pattern. Lets see what happens!
Looks like a break out on the 15min. The 5 min does not look so hot but we shall see. Waiting to take a position based on 5min MACD and stochastic. Hitting bottom of triangle now but has room to go down on MACD.
Do not enter till macd is green. if it breaks wait a few to short. Looks like a bear trap but could turn into a short opportunity
Broken tend line on a larger scale and a broken trend line and fail to get back into the original trend line.
MACD looks like its about to cross. Stochastic indicated a sell opportunity. Long time frame looks bearish. Good time to short.
Nice triangle set up with rising lows and swinging highs with similar tops. Keep an eye on the chart because the breakout should be happening in the next 60-90mins.
