Trade opened during January and confirmed a couple weeks later as in the attached.
New positions opened at 1,5450.
Although H&S has played out yet - possible target last demand zone around 142 area -more ofter than not a failed pattern lead to reversal via short covering. In this case its a bear flag.
If supply zone doesn't hold the bulls, last remaining short positions will be stopped.
All the best
Panos
New positions opened at 1,5450.
Although H&S has played out yet - possible target last demand zone around 142 area -more ofter than not a failed pattern lead to reversal via short covering. In this case its a bear flag.
If supply zone doesn't hold the bulls, last remaining short positions will be stopped.
All the best
Panos
