trading a possible formation of "head-and-shoulder" pattern
Updated
this is a fcpo trading
we can actually use the structure formation to involve in our trading...for this example, we can use the formation of the right shoulder as a structure level to short the market...the neckline is possible to be formed at 2300, the psychological and strong support level...a breakout of this level will mark a turn to the downside...
resistance : 2367-2400
support level : 2300
this is juz a trading idea, trade at your own risk...
pliz like and share...
we can actually use the structure formation to involve in our trading...for this example, we can use the formation of the right shoulder as a structure level to short the market...the neckline is possible to be formed at 2300, the psychological and strong support level...a breakout of this level will mark a turn to the downside...
resistance : 2367-2400
support level : 2300
this is juz a trading idea, trade at your own risk...
pliz like and share...
Note
trade 61)
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