Update: After the H&S got active, the downmove is in full swing. Now we are consolidating -a bearish flag appears. Trading below the flag Bodys bottom will activate the flag -the tp could be 1.8088. Trading below the fla Bodys upper edge will open the possibility to retest the Breakout-Niveau (neckline of the H&S) @ 1.85
Main Analysis: H&S? For me the chart seems bearish - only prices above 1.88 will brighten the chart imo. TPs of the H&S: 1.823/ 1.803
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No flag anymore - instead of a bearish Signal, the pair recaptured the Action point (neckline) - here a decision has to be made
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The power of than Action point! Aha - a desicion was made!
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btM_Afta
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So if we break that support we can take action >.< ! ?