Scenarios
1) Possible HnS forming, possibly right shoulder forming at 61.8% retracement level and potentially going down.
2) retest of top of upward trendline the 2nd time potentially upwards momentum.
We will see how this plays out whether it will break the 61.8% retracement. What are yall thoughts do let me know.
1) Possible HnS forming, possibly right shoulder forming at 61.8% retracement level and potentially going down.
2) retest of top of upward trendline the 2nd time potentially upwards momentum.
We will see how this plays out whether it will break the 61.8% retracement. What are yall thoughts do let me know.
Trade active:
Decided to go with scenario 2! Good Luck!
Trade closed: stop reached