Price Did Not Break The Neck Line
In the previous post in 26th of September I defined a reversed head & shoulder patter in the demand zone with its neck line. The price did not break the neck line and dropped even further towards the (demand zone 2)
In the (demand zone 2) I see that a new neck line is defined as a strong resistance on the 4 Hours frame. (If the neck line 2) is broken then look for a buy opportunity with (1:1) ratio.
DO NOT ENTER THE TRADE WITHOUT PROPER RISK MANAGEMENT YOU ARE RESPONSIBLE FOR YOUR TRADES
In the (demand zone 2) I see that a new neck line is defined as a strong resistance on the 4 Hours frame. (If the neck line 2) is broken then look for a buy opportunity with (1:1) ratio.
DO NOT ENTER THE TRADE WITHOUT PROPER RISK MANAGEMENT YOU ARE RESPONSIBLE FOR YOUR TRADES
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