Finally a win.
Weekly was making lower highs and lower lows - great downward trend.
Downward trend had broken then longer term underlying monthly up trend.
Took the trade off the 4HR - Saw a mini head and shoulders pattern emerging and thought Id risk getting in early and the formation of the top right shoulder.
Weekly was making lower highs and lower lows - great downward trend.
Downward trend had broken then longer term underlying monthly up trend.
Took the trade off the 4HR - Saw a mini head and shoulders pattern emerging and thought Id risk getting in early and the formation of the top right shoulder.
Trade closed: target reached