Price has been spiralling downwards in the channel.
A head and shoulder pattern has formed at the bottom and the neckline is broken.
Expecting price to retest the neckline. if it fails to break down below it, enter and aim for the 61.8% fib retracement
Use good risk management
A head and shoulder pattern has formed at the bottom and the neckline is broken.
Expecting price to retest the neckline. if it fails to break down below it, enter and aim for the 61.8% fib retracement
Use good risk management
Trade active
Trade closed: target reached