I think the Head & shoulders pattern is now completed.
Now looking for upside because support line and trend line converging to the same point.
Also, you can see a double bottom short term.
Good risk to reward ratio overall, so good trade!
Now looking for upside because support line and trend line converging to the same point.
Also, you can see a double bottom short term.
Good risk to reward ratio overall, so good trade!
Trade closed manually
I am now short after a clear break of support, and then a retest... price is showing more weakness than strength right now:And the double bottom that I originally posted was not even clear at all... it was a confirmation bias... so something more that I can improve :)
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