Short FRT - H&S top plus trendline break
Pattern has broken both a long-term trendline and an H&S top which has been retested.
Target around $70 ... stop around $118.60. Or 18x R:R
:)
Target around $70 ... stop around $118.60. Or 18x R:R
:)
Trade active:
The daily chart is showing signs of breakdown despite a strong equities market.
A close below $114 will open up to a steeper drop
A close below $114 will open up to a steeper drop
The main thing is to keep the main thing the main thing