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LFPJona
May 12, 2018 5:14 AM

Potential Head and Shoulder Pattern to be seen. Short

Gold/U.S. DollarFXCM

Description

As seen on the chart, the left shoulder and the top has already been formed, price has stopped at neckline.
RSI(14) on H1 shows sign of fatigue.
Price stopped at this neckline which is also a structure.

Verdict: We might see right shoulder to form by Monday.

This is not a Trade Call.

Trade active



Entered trade at 1322.12

Trade active

Didnt quite have the time to update . But Reached target closed half and let the rest run all the way to 1306.
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