Short H&S pattern
The Price rejected resistance between 1.58 - 1.574 which is also 0.5 fibonaci retracement.
As we can see on the daily chart price is printing Head and Shoulders pattern, that's why I decide to open 2 position.
1.Position
R/r = 1:2.77
Entry:1.569
SL:1.584
TP:1.527
2.Position
R/r = 1:7 !!!!
Entry:1.569
SL:1.584
TP:1.4625
As we can see on the daily chart price is printing Head and Shoulders pattern, that's why I decide to open 2 position.
1.Position
R/r = 1:2.77
Entry:1.569
SL:1.584
TP:1.527
2.Position
R/r = 1:7 !!!!
Entry:1.569
SL:1.584
TP:1.4625
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.