A attempt at change in trend can be noticed.
1.Volume spiking...
2.visible Attempt to change in trend by breaking counter trendline.
3. Failed H & S breakdown shows strength in trend.
will have to see how it pans out!!
Just analysis to track the hits and misses.
just a thought(for future revisit idea):
If I enter my ideal entry will above the weakly high...but it will expand the stop loss margin and shrink target margin.
so entry at cmp is viable as its attempting retest at counter trendline.
2.visible Attempt to change in trend by breaking counter trendline.
3. Failed H & S breakdown shows strength in trend.
will have to see how it pans out!!
Just analysis to track the hits and misses.
just a thought(for future revisit idea):
If I enter my ideal entry will above the weakly high...but it will expand the stop loss margin and shrink target margin.
so entry at cmp is viable as its attempting retest at counter trendline.
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