Head and shoulders looks like it could come together.
Trade active
Entered short at .618Trade active
Second Layer initiated at the 76.4%Trade active
Adding third layer to short. Another critical level is brokenNote
Note
This is a good example of why giving advice to traders on a per position basis is flawed. I actually made money on this even if the trade went against me (I went long at .8570 after closing my shorts).
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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.