Confluences:
Head and shoulders
Downtrend (4 touches on trendline)
Touch on the 38.2%
Head and shoulders
Downtrend (4 touches on trendline)
Touch on the 38.2%
Note
Stopped out of the trade. Upon analysis, I discovered that the massive push to the upside on Aug 11 at 9:00 was a touch on a larger uptrend. I missed that part in my analysis.Note
Edit: Aug 13 @ 9:00, not Aug 11
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.