so i believe we have had 3 levels of rise, a higher high causing divergence on the rsi. now a possible head and shoulders pattern? i sold into strength @8953 with TP @8880!!
I'm expecting a rebound to the neckline on the the H/S to further lows, so any moves towards the neckline i will be selling to the next fib level.
I'm expecting a rebound to the neckline on the the H/S to further lows, so any moves towards the neckline i will be selling to the next fib level.
Trade closed: target reached
TP 8880 hit.Price made a short move upwards not quite getting to the neckline, i made a sell on the 2nd test of the 382 fib entry @8883, closed manually in 15 pips profit.
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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.