Way too early... You're trading something that is not on the chart.
H & S have to be validated by the neckline of the pattern being broken, it's not the case here...
No trigger = No trade.
IF it ends well it will be luck, not skill and discipline ;)
faris.makki
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@fxswing, You are wrong. I was expecting a wave to end at that point according to my wave count, however it seems I was wrong about what type of corrective wave it would be. Has it been a regular zigzag it would be both that and a "head and shoulders". It's a risky trade but I accounted for the risk as you can see there is ample space for price to roam and the position size is relatively smaller than others. Thank you for the input.
fxswing
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@Faris.makki, ok, there's no point arguing with you...
H & S have to be validated by the neckline of the pattern being broken, it's not the case here...
No trigger = No trade.
IF it ends well it will be luck, not skill and discipline ;)