H&S for ETPUSD, short

Its breaking through the neckline, it seems like a perfect opportunity to go short now.

entry 4,41
stop 4,70
target 3,50

If it will go through my stop at 4,70 i will immediately turn it into a long position. ETP has made a strong rally the last few days, this short opportunity could be a healthy correction, but if it will be a false move, you can assume it will get a new impulse to go higher

Kommentera:

4,70 was almost reached :)
When it drops below 4,0 i will lower the stop to 4,4 for a free trade. It is 4,22 now, i think it wont even make a pullback but if it does 4,40 should be the max. Good luck

Kommentera:

Its accelerating now, target is in reach!!