cryptdee

CADCHF, Short on Broken Trendline and broken H&S neckline

Короткая
cryptdee Обновлено   
OANDA:CADCHF   CAD/CHF
The H&S pattern is complete and its neckline has been broken.
Price action is attempting to complete a retest of the blue trendline so this is a low risk entry point

Short for 150+ pips

This head and shoulders also resides within a potentially large H&S that may be completing. Therefore if this trade is successful, I will continue shorting until the neckline of the bigger H&S. See image

Сделка закрыта: достигнута стоп-лосс цена:
Stop Loss reached. However I still believe this is a good shorting trade
Комментарий:
anyone looking to get into this short, now is a good time to jump in as it has retraced!
Комментарий:
trade went down beautifully. I need more confidence and slightly wider SLs
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