Possible HS pattern in play. SHORT at your own
Hi Folks:
Here's a spotted HS pattern that could bring short selling momentum after hitting the previous target.
Let's see what happens at the bottom of ascending channel to decide.
STAY SAFE. Cheers
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Here's a spotted HS pattern that could bring short selling momentum after hitting the previous target.
Let's see what happens at the bottom of ascending channel to decide.
STAY SAFE. Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Comment:
I am not very convinced about this idea because the USD seems to be strengthening against all pairs due to the expected interest hikes. I would not be surprised to see a test of the orange descending trendline (117 area). I rather wait to short from there of once the break out of the channel and the pattern is confirmed.