Price action seems to be forming a possible head and shoulder formation.
Probably forming right shoulder now.
Giving traders short term trade opportunities.
Waiting for price to touch neckline to get confirmation of head and shoulder formation.
Probably forming right shoulder now.
Giving traders short term trade opportunities.
Waiting for price to touch neckline to get confirmation of head and shoulder formation.
Trade closed: target reached
80 PIPS! RISK TO REWARD RATIO ACHIEVED.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.