Head and shoulder pattern forming nicely. Please share your thoughts if disagree or agree with this trade idea..
Go short if the price hits the entry confirmation point of 0.98431 for a 95 pip short trade or
Jump in early on this trade to catch an extra 45 pips (without confirmation)
I am a noob to trading so go easy on me this is my first analysis
I may be wrong , i may be right but here is my 2 cents on how i think this will play out..
If price closes above last high then trend continuation is LIKLEY. Supporting elements to this trade
Inverse Head & Shoulders Pattern on the Daily chart
Price is About Moving average
...