Head and shoulders pattern on 4 hours

13 apr 2020

The head and shoulders pattern was formed on the 4-hour timeframe. If the support level 6600-6700 will be broken, I expect the price to continue falling.

13 apr 2020

Nota

With my clients we are in short since 7,100$, that is, we entered the position last night.
Now I expect the H&S pattern will work out and I continue to hold the short. However, even if this does not happen, we will still remain in a good plus.
If you also want to trade with me, then write to your PM.

19 apr 2020

Trade chiuso: obiettivo raggiunto

As a result, part of the position taken at 7100$ was fixed in plus at 6758$, and the remainder was closed at breakeven.