Dislikedcome on.. can't u see? there is a candle that open under the neckline, and close over itIgnored
Thank You
Better-than-the-wormhole 555 replies
Dislikedcome on.. can't u see? there is a candle that open under the neckline, and close over itIgnored
Dislikedok... so u meant that opens and closes over the neckline...
did u mean that even when u scalp???Ignored
Dislikedwatch the current m5, atm it is over the neckline. if it stays over at the candle close, the pattern will be valid & tradeable.Ignored
Dislikedagreed, except if you're scalping the m1, gotta be wee bit lenient as most of the times, waiting for the confirmation on those, can cause a good 10-12 pips to slip. 10-12 pips most of the time is sufficient tpIgnored
DislikedHere's a snapshot of what I'm looking at right now...I'm not ready to play yet either wayIgnored
DislikedThanks Wormie. i'm quite scared of M1 cos of that reason . I'm in process of setting up M1 adjacent to M5 cos the time slip between the two is , i find ,quite scary. But , the info from M1 i find crucial after a protracted line of price consolidation. Cheers mate , helped me along the road againIgnored
DislikedIf PA breaks below 5966, isn't the H+S kind of a distant memory?Ignored
DislikedOr does it need to break below the shoulders at 5953 to invalidate the pattern?Ignored
Dislikedclose the trade.. as the H&S looks more like rising wedge now on 5mIgnored
DislikedThis & to begin with this pattern is still not valid anyway without the neckline break.
I get what you're asking tho ..Ignored
DislikedHere's a snapshot of what I'm looking at right now...I'm not ready to play yet either wayIgnored