Looking for a retest of the .900 key level early this week before continuing to the downside
Downside Target 1 with a break of 0.8955 is .890
Downside Target 1 with a break of 0.8955 is .890
Trade closed: target reached:
Filled short at the .90 level before dropping 90 pips into the .89 region
I now expect some consolidation before seeing if we get a continuation to the downside
Keep the higher time frame in mind as this is a near textbook H&S pattern which could cause a major trend reversal
I now expect some consolidation before seeing if we get a continuation to the downside
Keep the higher time frame in mind as this is a near textbook H&S pattern which could cause a major trend reversal