If the larger SHS emerges then a short with very tight SL (just above the top-trendline down). Target could be fib 55 / or buttom trendline.
Maybe this could be Wave 1 and Wave 2 as well... then hitting buttom trendline could indicate long wave 3 take it to fib 161
Maybe this could be Wave 1 and Wave 2 as well... then hitting buttom trendline could indicate long wave 3 take it to fib 161
Dagangan aktif
It turned just under expected, but matching a significent low from june 2010.Next critical point - crosing the neckline to complete the SHS
Nota
Finally the orange Head & Shoulder have been compleated... lets fall some more, then back up to confirm neckline and then down.Nota
Awaiting a test of the neckline to confirm Head & Shoulder pattern and I will add to my position - could be 1.166 to 1.72Nota
Added to my shortNota
SL moves closer to neckline during todayDagangan aktif
Adding to my short 1,164Dagangan aktif
Adding to my short at 1,172 ishThe 1,164 part of the position hit it's SL sometime ago
Dagangan aktif
1,172 ish was not the best idea and fairly quickly hit it's SLI'm on it again though with a new short at 1,1845 and of cause with SL set
Nota
Need to see the turn down very soon or the overall trade will hit is's SLDagangan aktif
Added to my short 1,185 tight SL as alwaysDagangan ditutup: hentian tercapai
Nota
Mostly profit, but not fully as planned... maybe it's an IHS now...Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.