(Head and shoulders top after a bearish move, signalling continuation.)
Right shoulder formed, and crossed neckline, meaning we missed the breakout entry, however, since I have a strong enough CTS score I am looking for a pullback final chance entry.
CTS Scored as follows - Neckline Break - 1 Point Left shoulder at Minor Structure (3+ Tests on LTF 1HR) - 1 Point Left shoulder at Major Structure (3+Tests on HTF 1D) - 2 Points Fibonacci Levels present, (Price finding resistance and support at .786 retracement of left shoulder) - 1 Point
I am looking for a pullback into the 1.35350 zone at the neckline and for price to print either a LLLC, High test candle or Doji on the 1HR timeframe to signal me to enter at next bar market.
Targets at 1.618 extension of head to neckline, also lining up with Equal measured moves and structure looking left.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.