GPBUSD is moving on consolidation. But if you use more small timeframe, U can find chart pattern Inverted Head and Shoulder.
and now it's forming a flag pattern as right shoulder from IHaS. Get the point?
Why the Left shoulder is more than one? i just got the reference from Technical Analysis Explained by Martin Pring.
My Strategy : Buy/Long, if it can break from flag pattern and do a stop loss at the latest low. And don't buy before breakout from flag pattern
-NFA-
and now it's forming a flag pattern as right shoulder from IHaS. Get the point?
Why the Left shoulder is more than one? i just got the reference from Technical Analysis Explained by Martin Pring.
My Strategy : Buy/Long, if it can break from flag pattern and do a stop loss at the latest low. And don't buy before breakout from flag pattern
-NFA-
Trade closed: stop reached:
FAILLL!