I am never gonna get my 10761 short entry filled, this has been my SUPER SWING for well over a month now
in my previous idea I mentioned we will see a Bearish diversion forming on HTF & finally we have it with amazing follow-through
I was waiting on daily candle close to enter in trade & with Cyclone warning in my city my head wasn't just in the right place , what I missed out in my analysis was FAKEOUT, that's what I am counting this as fakeout from our triangle on the upside to dump back down
now here's what I am looking at current charts a possible BART (SFP)
we have liquidated shorts, stopped out most & taken out the previous highs, all we need is a retest & that's where I will risk short, I will take profits as mentioned on chart (TP)
My long-term triangle is not broken yet nor is my IH&S idea invalidated, we are at the résistance best will be to enter a short position & take profits at different levels as market gives us
inverse Head & Shoulder
in my previous idea I mentioned we will see a Bearish diversion forming on HTF & finally we have it with amazing follow-through
I was waiting on daily candle close to enter in trade & with Cyclone warning in my city my head wasn't just in the right place , what I missed out in my analysis was FAKEOUT, that's what I am counting this as fakeout from our triangle on the upside to dump back down
now here's what I am looking at current charts a possible BART (SFP)
we have liquidated shorts, stopped out most & taken out the previous highs, all we need is a retest & that's where I will risk short, I will take profits as mentioned on chart (TP)
My long-term triangle is not broken yet nor is my IH&S idea invalidated, we are at the résistance best will be to enter a short position & take profits at different levels as market gives us
inverse Head & Shoulder
Comment:
Still ranging