DislikedCan some one tell me if my reasoning is correct? The rule says after breaking the 89 the price will pull back to the 21 before continuing on its way. If this occurs there may be a head and shoulders which would help confirm that the PA will be downward. This would indicate a possible trade. A bit risky with the 365 close by and a trend line. Would one of you give me your thoughts. Am I pushing this trade or is there something there? If there is something there, where would I set the TP at?
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