Cosmos Analysis
- If this be a cnh, it would be my first genuine one and will ride it with pleasure.
- Already opened an initial position though I'm certain the bottom is not in yet. First long after weeks, and I must say, the feeling is weird.
- Not staying till the breakout, the longest I can will be till the yellow line. This is more of a swing considering I'm using to playing 2-10min scalps.
- Still have a lot to learn esp concerning these kinds of patterns.
- Pulled up the fib retracement from top to bottom, to find potential area of strong resistance, taking advantage of the golden pocket( fib 0.618 and 0.65)
Note: The position wasn't opened because of this unverified cnh, otherwise that would be gambling, the decision was solely based on the previous analysis, this is something that I came across upon further inspection.Trade safe, due diligence is advised!
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