As you can see, we created a beautiful head and shoulders pattern, followed buy a bullish wedge. Target around 1.054/1.06 for long sell. Remind you that head and shoulders pattern prevail 80% of the time. I am currently long to targets from 1.046 and will reverse at the 1.054/1.06 levels for a swing trade off the 8 hour.
In addition I bought the right shoulder down to 1.046 and reverse based only on the fact that head and shoulders require a neck line tag for continuation of trend
Happy trading everyone. Remember risk to reward.... most importantly have patience!
In addition I bought the right shoulder down to 1.046 and reverse based only on the fact that head and shoulders require a neck line tag for continuation of trend
Happy trading everyone. Remember risk to reward.... most importantly have patience!