a probable HS...
Diupdate
The decrease is vols makes me thing this is a head of HS forming..!
Disclaimaer.... Only a startegy check, not a trading /investing advice
Disclaimaer.... Only a startegy check, not a trading /investing advice
Catatan
excuse the right shoulder which h wrongly gone higher up, but what makes me more convinced is this set up of a bearish bat and HS forming in the PRZ..Catatan
so far so good...Catatan
Catatan
Catatan
right shoulder skeletonCatatan
alternative Rshoulder skeleton...Catatan
the dotted green like is a very imp level i the bearish bat PRZ, that can also stop the ascent of the right shoulderCatatan
wow just what i updated a minute ago..Catatan
sharp rejection from the neckline!...Doubts remains.....
Catatan
make or break time..Catatan
demand dominance thoughout the rt shoulderCatatan
Catatan
market maintain typical equilibrium thoughout the HS... this is it.. decision point... the SL or TP trigger...Catatan
approach of the final neck...Catatan
headlockCatatan
markets still at equilibrium, man this is a weak HS!Catatan
now bullish take over is happening, further weakening the HS, have reduced short position acquired at the top of rt shoulder...s3.amazonaws.com/tradingview/snapshots/y/yhSK9V2u.png
Catatan
bullish truncated butterfly and symm tri at the rt shoulder...its desroying the HS mojo
Catatan
and it happens....
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