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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
"The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge." Stephen Hawking.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.