On the down trend, there is a nice bullish head and shoulder forming with a possible long entry up to the resistance @ 1D.
We see the left shoulder and the head that formed nicely and the right should formation looks like it is supporting at the left should for a possible long entry.
I already entered the trade per my strategy which led me to enter a little earlier at the right shoulder formation.
You could wait a little longer for confirmation since the right shoulder hasn't finished forming yet.
We see the left shoulder and the head that formed nicely and the right should formation looks like it is supporting at the left should for a possible long entry.
I already entered the trade per my strategy which led me to enter a little earlier at the right shoulder formation.
You could wait a little longer for confirmation since the right shoulder hasn't finished forming yet.