The decrease is vols makes me thing this is a head of HS forming..!
Disclaimaer.... Only a startegy check, not a trading /investing advice
Disclaimaer.... Only a startegy check, not a trading /investing advice
Komen:
excuse the right shoulder which h wrongly gone higher up, but what makes me more convinced is this set up of a bearish bat and HS forming in the PRZ..
Komen:
so far so good...
Komen:
Komen:
Komen:
right shoulder skeleton
Komen:
alternative Rshoulder skeleton...
Komen:
the dotted green like is a very imp level i the bearish bat PRZ, that can also stop the ascent of the right shoulder
Komen:
wow just what i updated a minute ago..
Komen:
sharp rejection from the neckline!...
Doubts remains.....
Doubts remains.....
Komen:
make or break time..
Komen:
demand dominance thoughout the rt shoulder
Komen:
Komen:
market maintain typical equilibrium thoughout the HS... this is it.. decision point... the SL or TP trigger...
Komen:
approach of the final neck...
Komen:
headlock
Komen:
markets still at equilibrium, man this is a weak HS!
Komen:
now bullish take over is happening, further weakening the HS, have reduced short position acquired at the top of rt shoulder...
s3.amazonaws.com/tra...shots/y/yhSK9V2u.png
Komen:
bullish truncated butterfly and symm tri at the rt shoulder...
its desroying the HS mojo
its desroying the HS mojo
Komen:
and it happens....