Head and shoulders pattern idea

British Pound/U.S. DollarFXCM

Description

⋅ Oct 11, 2021 3:46 PM

If this breaks the trend line we could have a valid Head and Shoulders pattern. Only valid on a break of trend line and retest.

Comments

Learn-2-Trade-

⋅ Oct 11, 2021 4:26 PM

You thoughts on USDCAD please

EZIO-FX

⋅ Oct 11, 2021 4:29 PM

@jangul370 I haven't seen Usd Cad it's confusing when I saw it let's wait until tomorrow to see what happens. I just can't see a clear zone

Learn-2-Trade-

⋅ Oct 11, 2021 4:26 PM

Good spot

Learn-2-Trade-

⋅ Oct 11, 2021 4:30 PM

Thought GU could go further up but it’s struggling. Also it hit 61% on retracement to upside

EZIO-FX

⋅ Oct 11, 2021 5:43 PM

@jangul370, It will drop i recon lets wait the key area is broken, so a bullish trend is invalid