The trade from my video analysis is up and running.
Now I've noticed another possibility for entry point.
On hourly chart we have a Head and Shoulders formations. That means we can enter the market with a profit target at around 353 $ and a tight stop loss: 272 $
The target is based on the distance from neckline to the head.
Stop loss is just below the previous low.
That's it. Let's stick to the basics and see what will happen :)
Now I've noticed another possibility for entry point.
On hourly chart we have a Head and Shoulders formations. That means we can enter the market with a profit target at around 353 $ and a tight stop loss: 272 $
The target is based on the distance from neckline to the head.
Stop loss is just below the previous low.
That's it. Let's stick to the basics and see what will happen :)
