Trend Continuation vs. H&S

The longterm uptrend is still in dominant.
At present we have reached an interesting trading Point:

After kissing the longterm trendline, Vale could break it`s midterm downtrend. So the bullish mood can be continued if the level 9,25 could be overcomed. Above that level a test of the high at 12 could be aimed.
If this level could not be overcomed, i se the danger of forming a H&S

1. Idea Long:

2. Idea short: anticyclical shortscalp

3. Procyclical short with stoppsell

Wach the RSI..he is sgnalizing an overbought situation

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the first idea was the wright one

rsi made a seklling signal now

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i think the test of the resist will be sold first...watch the rsi!

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