Another countertrend trade. 15m gave signal to sell + possible H&S pattern. Lets play
Yorum:
TP1 50% around neckline - 8100
Yorum:
taking off 50% now 8190$ not 8100 cuz u know - its countertrend trade so i want be safe ;)
Yorum:
Moving SL little above 8420
TP2 ~8020
TP3 ~7820
TP2 ~8020
TP3 ~7820
Yorum:
Moving SL lower again - now it is just above entry point. I believe if price go back up making higher high there it will pop higher hunting all the trader`s stops which are playing this "obvious" H&S. I reduce 50% pos below 8200 so this trade is winner even if SL got hit ;)
GL
GL
Yorum:
TP2 hit
Yorum:
Moving SL just above 8100
Yorum:
Removing TP3 and moving SL 100$ lower
Yorum:
Ride the winner ;)
Yorum:
SL moved just above 7900 not 8k
Yorum:
SL hit in profit
Yorum:
TRADE END