Long {if} breaking the H&S (Entry if breaking the 138.00 level)
You can refer to the related idea below to recognize that I'am already shorting this pair on the daily time frame because of the bearish reversal pattern H&S.
However, on the hourly time frame, it shows that another reversal H&S completed, I set a buy stop in case of breaking the nick line but did not close the current shorts.
if the current pattern fails, it would show that the bearish momentum still intact and good to keep the shorts, if completed, we can make some profits from the bullish current pattern.
I hope I am not making it complicated for you to know what I am thinking of :)
However, on the hourly time frame, it shows that another reversal H&S completed, I set a buy stop in case of breaking the nick line but did not close the current shorts.
if the current pattern fails, it would show that the bearish momentum still intact and good to keep the shorts, if completed, we can make some profits from the bullish current pattern.
I hope I am not making it complicated for you to know what I am thinking of :)
