This is an inverted head and shoulder pattern. The trend is up and there is every possibility that this pair will go long on the long term
This chart currency pair in the long term is showing a bearish head and shoulder pattern which is obviously a down trend. I am expecting to see more decline in the weeks/months to come.
This chart pattern on the long term is showing a bearish head and shoulder pattern which is obviously a down trend. I am expecting to see more decline in the weeks/months to come
I am waiting for a retest( pause and go) of the broken consolidation area before riding trend again
The pair I gaining strength and will hopefully rally to the downside after a possible test