Hello Friends, Traders and Interested,
the H & S, decribed yesterday forms exactly as predicted until now. The second (right shoulder) has formed wiithin the past hours. Than we had the first breakdown under the neckline with the retest of the neckline during the last hour. Now, if the H & S runs as prdicted, we will go down to the downpoint ( calculate this from the top of the head to the neckline). Target will be around 21.400.
As always, no trading advice, just educational.
Trade on your own risk and trade safe.
Best whishes, Sascha