breaking down head & shoulders pattern

25 Eki 2020

just wait for valid break of neck line and after a pull back to the line, open a short position and our first target will be around 0.290

26 Eki 2020

İşlem aktif

pullback is completed and neckline is touched! we can now open our position

26 Eki 2020

İşlem kapandı: durdurma seviyesi

the head and shoulders pattern is failed and our stop loss point is touched.

note: there is always a possibility for any pattern and analysis to be failed but if you use a logical and accurate stoploss you are completely protected from losing money.