Price has reached a key level and as you can see on chart we had first rejection of monthly resistance.
We might have another attempt however I don't expect it will be broken speciallly as we appproach weekly tredline.
If price reverse keep trade until full target reached,
Target has been calculated as per my previous post from weekly head and shoulders pattern.
We might have another attempt however I don't expect it will be broken speciallly as we appproach weekly tredline.
If price reverse keep trade until full target reached,
Target has been calculated as per my previous post from weekly head and shoulders pattern.
Trade closed: target reached
Note
I have re-entered position wirh same SL and target
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.