Failed Idea. Possible HS pattern in play
Hi Folks:
Here's an updated view on this pair. Long ago I have shared a chart with a possible HS pattern and afterwards I have tried a long idea that failed and hit the SL (partial hedge in my case).
After analysing once again the scenario and some fundamentals I am going to consider the possibility of a bearish outcome of this HS pattern to the red support line 0.637ish if we can break the support at 0.70
I will closely monitor the support level to decide afterwards to open further shorts.
Cheers
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Here's an updated view on this pair. Long ago I have shared a chart with a possible HS pattern and afterwards I have tried a long idea that failed and hit the SL (partial hedge in my case).
After analysing once again the scenario and some fundamentals I am going to consider the possibility of a bearish outcome of this HS pattern to the red support line 0.637ish if we can break the support at 0.70
I will closely monitor the support level to decide afterwards to open further shorts.
Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
