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aComaS
Oct 15, 2013 6:19 PM

XauUsd Daily Head & Sh ... please comment your idea Short

Gold/U.S. DollarFXCM

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XauUsd Daily Head & Sh ... please comment your idea
Comments
Technician
Text book head and shoulders patterns must be preceded by a clear trend, however, technical gurus such as Pring and many other technicians mentioned continuation head and shoulders just like this one.
QuantitativeExhaustion
Where's your prior trend?
aComaS
Daily
IlyaGruntal
I am long 1252.
IlyaGruntal
Head and shoukders pattern usually appears at the top of the charts, and are not so obvious at all, they also are provided with a huge bull volume at the right shoulder. What you are looking at is a bear trap. It is the best moment to buy with 1500 target. Have a nice one
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