Hi, I'm new in the business and I'm trying to get some feedback on some basic patterns used to predict the next moves. This is a head and shoulders pattern. It was done in Spanish since it is my first language and my mates don't speak English. The Moving Average is 80 for long term positions, the timeframe used is 1HR and I think it is very simple to understand.
I just want some feedback about what I did and any possible suggestions on how to better do it in the future. I appreciate your feedback and thanks.
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