- At the start of 2016 we broke the low of Oct range (70-73.8c)
- 72c around the 50% retracement of Oct range
- 72c coincides with broken bull trend line (green) and a new bear trend line
- I deem the inverse H&S completed with the 72.4c peak
Looking for closer to 72 to get short.
Even if this trade stops out I'll still be looking to short into 73c with similar TP1.
- 72c around the 50% retracement of Oct range
- 72c coincides with broken bull trend line (green) and a new bear trend line
- I deem the inverse H&S completed with the 72.4c peak
Looking for closer to 72 to get short.
Even if this trade stops out I'll still be looking to short into 73c with similar TP1.
