a breakout frm the "head-and-shoulder" pattern

personally I think this is a breakout frm the possible "head-and-shoulder" pattern. I would wait for the pullback to near 2705, resistance-turn-support level to get a better risk reward. ATR at hourly chart is 27-pts, so you can set a SL 27pts frm 2705, while tp at the highest close in hourly chart...around 2750...so you will get a close to 1 : 2 risk reward. that is a pretty gud trade. if you are the aggressive type, you can enter straight away tmr but your risk reward won't be that gud. Of course, if tmr is a gap up, that is a whole different story.


Plan your trade and trade your plan, gud luck trader.

DISCLAIMER : Warning! this is juz my personal trading idea, it is just for personal research and study ONLY. Trade at your own risk. Please be warned that trading futures is a high-risk investment tool. Don't risk more than you can afford.