Short term position.
Wait for 4 hour candle to close for a valid entry.
H&S on Daily , RSI divergence . TIME TO GO UP![
Im Long as of 1.3068 , RSI indicating OverSOLD, Huge supoort line in play
I see a clear H & S formation coming to life. Wait for the completion and for price to enter the box to take a SHORT
H&S formation plus cross of 20MA and 50MA. Also room for down movement if it follows channel. Wait for retest at 1.3330. FOLLOW YOUR PLAN
Looking at a possible double top with a clear W formation ,plus there is also divergence on the RSI
got the idea from using a reversal strategy and a pattern i saw.