There is a wonderful bullish H&S! Treading above the neckline generates a longsignal with TPs: 82$/88$/97$ In my Chart i nhave illustrated the possible Breakout-Longposition. Where you place your sl, depends on the timeframe you are trading. Good luck!
Trade ist aktiv
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with the flag to tp1?
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motleifaul
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I must correct myslf. After the backtest of the previous high the way should be up now.
The_Cannalyst
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THX for your thoughts.....now we have to wait, if this breakout will not turn into a false breakout...than i exspect a fast shortterm downmove
motleifaul
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For my taste we run to far already. I might agree that we may see higher rates, but at moment I would prefer a correction the more that we opened lower today.