a probable HS...
Actualizado
The decrease is vols makes me thing this is a head of HS forming..!
Disclaimaer.... Only a startegy check, not a trading /investing advice
Disclaimaer.... Only a startegy check, not a trading /investing advice
Nota
excuse the right shoulder which h wrongly gone higher up, but what makes me more convinced is this set up of a bearish bat and HS forming in the PRZ..Nota
so far so good...Nota
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right shoulder skeletonNota
alternative Rshoulder skeleton...Nota
the dotted green like is a very imp level i the bearish bat PRZ, that can also stop the ascent of the right shoulderNota
wow just what i updated a minute ago..Nota
sharp rejection from the neckline!...Doubts remains.....
Nota
make or break time..Nota
demand dominance thoughout the rt shoulderNota
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market maintain typical equilibrium thoughout the HS... this is it.. decision point... the SL or TP trigger...Nota
approach of the final neck...Nota
headlockNota
markets still at equilibrium, man this is a weak HS!Nota
now bullish take over is happening, further weakening the HS, have reduced short position acquired at the top of rt shoulder...s3.amazonaws.com/tradingview/snapshots/y/yhSK9V2u.png
Nota
bullish truncated butterfly and symm tri at the rt shoulder...its desroying the HS mojo
Nota
and it happens....
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