here in my analysis I've noticed on the Daily time Frame that we have a Complete Head and Shoulders Formation With A break to the downside and price action has retested that area and is now starting to reject the same area
The R/R isn't the greatest due to the rule of taking the Trade utilizing the head and shoulder pattern as additional confirmation for this set up
Disclaimer: past profits don't guarantee a future result
trading is risky and can result in 100% loss of trading balance
information shared is for educational and demo purposes only!!
The R/R isn't the greatest due to the rule of taking the Trade utilizing the head and shoulder pattern as additional confirmation for this set up
Disclaimer: past profits don't guarantee a future result
trading is risky and can result in 100% loss of trading balance
information shared is for educational and demo purposes only!!
Nota
trade running +40 pips in profit Moving my Stop/loss to Entry/Breakeven and allowing it to play out
when Back up +50 pips please secure partial profits!
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.