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DCMckethan
Jun 5, 2019 4:26 PM

possible formation of head and Shoulders 

EUR/USDOANDA

Description

After analyzing the chart Ive noticed a false breakout of previous structure. For me thats a good indication that Is a start of a head and shoulders. Also at the base of the shoulder Ive notice that the zone is a zone for buyers. From previous analysis Ive noticed if the market comes back to that zone for a 4th time then its normally a breakout. Still learning so let me know if you see anything that I could have missed
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