Potential Head & Shoulders Pattern on 4H

FX:EURCAD   Euro / Canadian Dollar
Possibly H&S Pattern - wait for Neckline break to enter

Measured Move Targets fall at 1.5717
Trade active: Neckline has Broken - Trade entered
Comment: For anyone who missed the trade, price is coming back to retest the trendline & is just about over 10 pips from it now.
Trade closed: target reached: Hit the H&S target to a pip. Nice trade for a 300 pip gain.
gap is also still to cover
Excellent find. Missed it :(
+1 Reply
I'm keeping an eye on this one. One of the members here pointed out some significant overhead resistance on the Daily. If we get a bit of a pull back, we may get a retest of the neckline, offering a second entry.
+1 Reply
jhakas JigneshDavda
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