There is a H&S pattern that is currently in play, the sell movent has already started but its still in its initial stages.
A sell position current with a stop loss slitely above 0.1875 and a take profit at 0.00712 would be most ideal.
A conservative trader can go with the most recent structure which would be a continous bearish pattern,if and only if you wait for a retest or volume to the down side and enter then but with a bigger stop loss.
A sell position current with a stop loss slitely above 0.1875 and a take profit at 0.00712 would be most ideal.
A conservative trader can go with the most recent structure which would be a continous bearish pattern,if and only if you wait for a retest or volume to the down side and enter then but with a bigger stop loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.