This is a structure idea.
First identified a high, then a low, followed by a higher high. This creates a break pattern and possible the head in the head and shoulder pattern.
I’m this idea Wait for price to break and close below the newly created support level. If closes below catch the retest for continuation of sell. Sell the right shoulder. This is also considered the lifeline strategy.
First identified a high, then a low, followed by a higher high. This creates a break pattern and possible the head in the head and shoulder pattern.
I’m this idea Wait for price to break and close below the newly created support level. If closes below catch the retest for continuation of sell. Sell the right shoulder. This is also considered the lifeline strategy.