Good morning Traders! From the technical point of view, the pair could develop a HEAD AND SHOULDERS on completion of ABCD pattern, if our analysis is correct, it might be interesting to try to take short position on "right shoulder" with stop loss above the "head".
If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button! Thank you for support and trade with care!
@epalazzo, you're welcome and thanks for your support!!!!
allamforextrading
⋅
Thank you for sharing this
epalazzo
⋅
It is there. Interesting! Now, let's roll over!
abannari
⋅
long
kath123
⋅
@SignalSwiss is the H&S still valid? Don’t you think it’s going up looking at daily?
InvestingScope
⋅
Nice spot of the H&S on 1H. We have reached the same bearish conclusion only by utilizing the repetitive Channel Down patterns on 4H. Our TP is 1.1330:
lehlogonolo
⋅
thank you for sharing, am overwhelm of this direction for some reason