Nice Head & Shoulders forming.
Bearish confirmation could send price to
1.42670, then to 1.40688 completing the
head & shoulders formation.
Long term bearish target could be
around the 1.38500 mark.
Additional confirmation is that price
is currently on a downtrend on the larger
time frames.
Bearish confirmation could send price to
1.42670, then to 1.40688 completing the
head & shoulders formation.
Long term bearish target could be
around the 1.38500 mark.
Additional confirmation is that price
is currently on a downtrend on the larger
time frames.
Trade closed: target reached