GMX - reversed head and shoulder - wait for retest
Trading idea!
GMX - Reversed head and shoulder!
If the pattern play out I see a potential 40% trade
Critical level 56.5 - a weekly close above should be a good entry point...
but In this case I don't see any problem to try to find a entry on lower time, 4h/D, with adjusted stop loss according to that.
Wait for a successful retest in the area close above 56.5
GMX - Reversed head and shoulder!
If the pattern play out I see a potential 40% trade
Critical level 56.5 - a weekly close above should be a good entry point...
but In this case I don't see any problem to try to find a entry on lower time, 4h/D, with adjusted stop loss according to that.
Wait for a successful retest in the area close above 56.5
