Hello Friends, Traders and Interested,
A few days ago I showed you the possibility of this here again shown H & S.
I did a little mistake there, because the shoulderline ( right site) was not completly correct. It was to low painted.
Now I know why.
Very often throughout the Weekends we see a little bull run. This weekend the bullrun formed perfectly the right shoulder of this H & S.
So I am still convinced that this H & S will work and go down in the next hours. I have to say again. that this small H & S is just inside a much bigger H & S according to my past TAs.
I will put this big H & S into the comments of this TA.
Okay Friends, as always, no trading advice, just educational.
Trade on your own risk and trade safe.
Yours
Sascha
A Like and a Folow makes me happy.