-Reverse head and shoulders breaking the resistance line on Daily timeframe that come after the:
1)Shakeout scheme of monthly consolidation area.
2)Breakout of the consolidation zone of the Monthly timeframe.
-Stop loss below shoulders.
-1st Take Profit on the first reference point. (3.96 r/r)
-2nd Take Profit on the next one. (6.2 r/r)
-3rd Take Profit on the final. (8.6 r/r)
1)Shakeout scheme of monthly consolidation area.
2)Breakout of the consolidation zone of the Monthly timeframe.
-Stop loss below shoulders.
-1st Take Profit on the first reference point. (3.96 r/r)
-2nd Take Profit on the next one. (6.2 r/r)
-3rd Take Profit on the final. (8.6 r/r)