the 7 pm china time candle closed as a counter-trend candle this might confirm the inverted H&S, which is a confirmation of trend reveal. and end of this harmonic pattern ( shark / 5.0). if this is going to be a 5.0 it will retrace from the 50% retracement of the CD leg
Not
the setup was rejected as H&S it seems like it is following what the same move as the S&P 500 to dive deep and finish the bigger wave. from now we are just going to wait for the wave to finish just to min the losses. I'm going to study the reason why I lost and learn how I could've avoided taking this trade.
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