Yesterday, a Head & Shoulder pattern was visible on 4H Chart. I wrote that once neckline is broken, initiate a Short (@ 3.17 price. But it did not happen.
Instead, just opposite has happened and price has moved above Shoulder (Left/Right).
This change of event has forced me to write that never initiate a trade before confirmation.
Support Break as stated by me was NECKLINE BREAK (which did not happen)
Now a long (BUY) after shoulder crossover is triggered.
Instead, just opposite has happened and price has moved above Shoulder (Left/Right).
This change of event has forced me to write that never initiate a trade before confirmation.
Support Break as stated by me was NECKLINE BREAK (which did not happen)
Now a long (BUY) after shoulder crossover is triggered.
"The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge." Stephen Hawking.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
"The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge." Stephen Hawking.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.