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MarlyForex
Mar 18, 2016 9:36 PM

EURGBP - RECTANGLE PLAY OR HEAD & SHOULDERS LETS SEE!! 

Euro Fx/British PoundFXCM

Description

-- Strong resistance @ 0.79270

-- If the Head & Shoulders forms, Especially because its at the peak of an uptrend.

-- It signifies weakening price therfore will be likely to move downwards ( possible trend reversal )

-- This pattern & trade is valid once price falls below the neckline. Trade with care. Feedback Appreciated, Many Thank…
Comments
TerenceHuber
Looks good man
MarlyForex
Thank you
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