Looking for a pullback for a right shoulder 61.8 fib but willing to see if bypass my analysis and go all the way to R for a (D) bullish pennant. Sell stop not limit I don’t predict tops/bottoms. Overall I’m bearish but it’s coming up on the end of the week and we are in a bullish D candle after a morning star pattern from support witch came early in my opinion but...
this week I'm looking for the market to complete the head.
The H&S at the end of the downtrend, followed by the double bottom retest and morning stars give a good buy opportunity,just have to wait for price to violate the current downtrend swing point.
Had a breakout of the flag to the upside. Now there is a head and shoulder. I’m waiting to see if it’s a continuation H&S or reversal H&S.
This what im looking for from this pair in the upcoming week. A reaction move followed by a subaction move. Im looking for shallow Short setups.