clear head and shoulder pattern on daily time frame
prices now at neck line
prices are also on trand line at the same time
waiting daily candle to close below the neck to confirm entry it should be below 1.5900
waiting daily candle to close is a must to confirm the pattern
please not going above 1.5930 this idea will be cancelled to reach the shoulders level again @ 1.6230
you can also place a buy stop at 1.5930
and sell stop at 1.5885
prices now at neck line
prices are also on trand line at the same time
waiting daily candle to close below the neck to confirm entry it should be below 1.5900
waiting daily candle to close is a must to confirm the pattern
please not going above 1.5930 this idea will be cancelled to reach the shoulders level again @ 1.6230
you can also place a buy stop at 1.5930
and sell stop at 1.5885
Trade closed: target reached:
closed +267 pips