normally my TAs belong to BTC , but sometimes I Need a little bit variety.
The Japan 225 Shows an Head and shoulder Formation on the 15 Minute Chart. Day Trader might pick up some pips.
Target lines in Chart.
An update to BTC will follow in the next few hrs .
As always, no trading advice, only educational. Trade on your own risk and trade safe.
the H & S, decribed yesterday forms exactly as predicted until now. The second (right shoulder) has formed wiithin the past hours. Than we had the first breakdown under the neckline with the retest of the neckline during the last hour. Now, if the H & S runs as prdicted, we will go down to the downpoint ( calculate this from the top of the head to the neckline). Target will be around 21.400.
As always, no trading advice, just educational.
Trade on your own risk and trade safe.
Best whishes, Sascha
the predicted H & S is running like textbook. Take n6ow the last Chance to trade a few Dips.
Please welcome to like an6d follow me
As always, all my TAs are educational, trade on6 your own risk.
Best trades whishes