pablo82

HEAD AND SHOULDERS

Long
OANDA:DE30EUR   Germany 30
Current structure indicates we have a classic head and shoulder pattern in development and I expect medium term reversal.

DAX has sold off 40% from all time high and we did not have and bigger correction yet.

We have divergence in MACD indicator and possible another bullish triangle pattern in making in right shoulder of bigger H&S pattern.

Comment: Trade closed, target achieved.