Here;s a great chart, if you can wait for it. We have 2 head and shoulders back to back, second head and shoulders is inside the big right shoulder. Perfect trade setup, price broke through the neckline confirming lower prices, and 5 lots for a sell trade will make a nice profit! Railway tracks on the hourly chart telling us get ready to sell, and price also broke through S! support level signaling a move lower! on the 4 hour chart we have a double top formation that found resistance at a pivot pint and started to drop! This here is what i call a perfect trade setup, and 5 lots for the trade is risk less! Pivot point level S@ which is 0.7444 is my profit target, you bet it will reach it!
Trade entry 0.7463
Target 0.7444
stop loss 0.7476
Folks catch 2 to 3 moves like this a week and your good to go! Don't need to trade more, not necessary !!!
Trade entry 0.7463
Target 0.7444
stop loss 0.7476
Folks catch 2 to 3 moves like this a week and your good to go! Don't need to trade more, not necessary !!!