After breaking out of the falling wedge, the price fell back to the trend line, forming the right shoulder of the H&S.
If the price falls below 1852.85, the H&S will be established.
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If the H&S is established, pay attention to the supports: 1829.60, 1796.97, 1713.16~1726.65.
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The H&S short order:
Take Profit: 1697.71
Stop Loss: 1957.59
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If the price falls below 1852.85, the H&S will be established.
-
If the H&S is established, pay attention to the supports: 1829.60, 1796.97, 1713.16~1726.65.
-
The H&S short order:
Take Profit: 1697.71
Stop Loss: 1957.59
-
Trade closed: target reached:
Take profit.
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