always like a nice 5USD + scalp to add to the book in a dead market. nicely done.Why didn't you hold on a bit longer?
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Also about the H& S. I guess technically it is a possibility.
As of late until we maintain either a sideways or up movement the mid term trend is still downward subject.
A few minor issues I have though:
-so as a reversal pattern the reg HS would have to be INV to reverse, otherwise what are we reversing from? Also we are not freash of any major movement which it usually wants us to be.
- Also, I don't think it's there, but I we need to check the volume- an important part of the scheme which is often left out.
- lastly, I guess after trying to trade several sub par examples, I guess I am just happier to trade them when they are a bit more textbook (form rise) like this one,'':
Yesterday took long from 1306 with tight stop loss. Got out 1312. Now just looking price action. Might take long or short position from support or resistance zones. {image}
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
