THIS IS SPECULATIVE SETUP!
I see potential iH&S in development. Please remember this setup is against the trend, so reduce your position.
Entry around 44,70 (AB=CD 1H + 0,618retr).
If it breaks that area look for price action around 42,20.
Target profits marked on chart.
Trade responsibly.
I see potential iH&S in development. Please remember this setup is against the trend, so reduce your position.
Entry around 44,70 (AB=CD 1H + 0,618retr).
If it breaks that area look for price action around 42,20.
Target profits marked on chart.
Trade responsibly.
Comentarios:
Also sits in the triangle:
We are almost at the 1st Target profit.
Second target profit is confirmed by bearish butterfly + 1.618extension