Trade Analysis
Reason For Entry:
- 4H head & Shoulders
- Bounce & continuation of 1H descending trend line
- 61.8 Fib retracement
- Bounce off of 1H resistance
- Shorted on top of right shoulder on H&S pattern 1H
Reason For Stop-loss:
- Above 1H descending trend lien
- Above strong resistance 1H & 4H
Reason For Target:
- 4H lows
Reason For Entry:
- 4H head & Shoulders
- Bounce & continuation of 1H descending trend line
- 61.8 Fib retracement
- Bounce off of 1H resistance
- Shorted on top of right shoulder on H&S pattern 1H
Reason For Stop-loss:
- Above 1H descending trend lien
- Above strong resistance 1H & 4H
Reason For Target:
- 4H lows
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.
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.