Nice H&S...neckline = 38,2 fibo = longtrigger (requirement for the H&S). --> TP could be the 61,8 @ 10.425...but in front of the Weekend, i don`t think that the likelihood is high for further rising Prices. Trading below the right shoulder will accelerate the dwon-dynamic imo Happy trading and have a nice Weekend Best Regards Mary
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dax has to jump over the 38,2 now
Trade wurde manuell geschlossen
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reached downtrendline
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Enjoy... ... have a nice weekend ! Greez Mary
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wow
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yes, this was a nice turnaround H&S -indeed!!!
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what the f... ? ;-9
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reached upper downtrendline...crazy countertrader would fix this level to scalp
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40 points for a scalp are more than enough!
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the circles are the next longtrigger
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Reached next action Point
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the trend is your.....
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first test of the resistance was sold ...
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if 10.540 does not hold, this illustrated area seems to be a nice support löevel.. ema/ former downtrend/ 38,2 fibo
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NT95
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now short?
The_Cannalyst
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no
The_Cannalyst
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why fighting against the trend?
The_Cannalyst
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when yes as a scalp have a sl @ 10540
The_Cannalyst
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the short crr is nice, but i for me won`t do that ...its a trendy day....don?t fight against the trend :-9
The_Cannalyst
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if the market was not closed, i would exspect such an upmove... but we have closed now, its just running behind the us markets :-9
The_Cannalyst
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"now short"? is a question i don`t like...i won`t recommend anything to anyone....as long as i don`t know which kind of trade you are planning (scalp, swing, bo, etc) i can`t answer such things...it depends on where your sl is based, which tf you are trading and so on and so on....and: all trades from now on have an overweekend-risk....next trading session is next tuesday..i would not risk such possible "gap-risiks" ..stay cool and take care!