Scenarios
1) Possible HnS forming, possibly right shoulder forming at 61.8% retracement level and potentially going down.
2) retest of top of upward trendline the 2nd time potentially upwards momentum.
We will see how this plays out whether it will break the 61.8% retracement. What are yall thoughts do let me know.
1) Possible HnS forming, possibly right shoulder forming at 61.8% retracement level and potentially going down.
2) retest of top of upward trendline the 2nd time potentially upwards momentum.
We will see how this plays out whether it will break the 61.8% retracement. What are yall thoughts do let me know.
Trade active
Decided to go with scenario 2! Good Luck!Trade closed: stop reached
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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.