Users: YummyTrade: slopechart_X.jpg
Nice potential H&S here but I'm unsure about the significance about the bounce off of the shoulders. No trades until it breaks, but what do you all make of the bounce off the shoulder and the upward angle of the shoulder/resistance line. Thanks for comments!
As you said, no trade until it breaks, as it could go either way.
Short if it breaks below the bottom orange.
Short more if it breaks below my bottom blue horizontal support.
The second chart shows a dotted purple I added. Recovering this uptrend will also take price up out of the Cloud [purple dashed].