Wait For Supply Zone 2
In the previous point we mentioned that if the neck line of the head & shoulder pattern is broken then price will drop off the supply zone.
Price did not break the neck line and the price is moving higher.
I will Wait for it to reach the (supply zone 2) and If a new head & shoulder pattern is shaped inside the zone and the neck line is broken then I see that price will drop down to the nearest moving average or swing low
DO NOT ENTER THE TRADE WITHOUT RISK MANAGEMENT YOU ARE RESPONSIBLE FOR YOUR TRADES
Price did not break the neck line and the price is moving higher.
I will Wait for it to reach the (supply zone 2) and If a new head & shoulder pattern is shaped inside the zone and the neck line is broken then I see that price will drop down to the nearest moving average or swing low
DO NOT ENTER THE TRADE WITHOUT RISK MANAGEMENT YOU ARE RESPONSIBLE FOR YOUR TRADES
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