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UnknownUnicorn180388
Jan 4, 2018 12:31 PM

Head & Shoulder Trading Strategy 

Euro Fx/U.S. DollarFXCM

Description

Attached above is a clear representation of how i generate a trade signal using chart patterns in confluence with indicators.

Trade 1:
Entry - Right Shoulder, 38.20% Fibonacci, Trendline Resistance, 50EMA
Stop Loss - Above The Head & All Structure Resistance.
Take Profit - Head & Shoulder Neckline Retest.

Trade 2:
Entry - Neckline Breakout
Stop Loss - Above Right Shoulder
Take Profit: 1:1 RR

DISCLAIMER:
I am only providing my own trading information and techniques, you should apply your own due diligence and not take this information as a trade signal / strategy.

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Risk management education.

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Textbook setup from Bitcoin.

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Comments
sayedgeneral
u are wounderfull
UnknownUnicorn180388
@sayedgeeral, Thanks very much :-)
Elektro-Analysis
Thank Tom, will keep a watch on the setup.
UnknownUnicorn180388
@caveset, I hope your well mate.
someone514
Thanks! The great Tom Hall!
UnknownUnicorn180388
@AlexCh, My pleasure, i hope it helps a little :-)
fxCROWN
funny work.
(y) But you are nice guy.
traderx_777
Should we wait till 1.21,then short?
UnknownUnicorn180388
@traderx_777, It all depends on your rules, risk management, entry method, RR ect
traderx_777
Tom,

Please ,your advice for EURUSD , now.
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