Euro / British Pound
Long
Updated

Inverted head and shoulders pattern

75
Hi traders, I am pretty new in the grand scheme of trading experience but, super quick to learn.

this bull-pin at the bottom of a down trend, signaling possible reversal. with now a conformation of inverted HNS pattern to the upside. Its testing the next line now... What do yall think? This is my first post.
Trade active
On a downtrend, forms a bull pin candle than Its showing higher high with a dd top, shot to the bottom for a lower high .

form a left and right shoulder, with an even neckline. I haven't figured where the top is yet, or if I am taking this trade till the test of neck line
Order cancelled
EURGBP tested neck line, you can see it shot up tested high prices and shot for the bottom leaving blue candles with long top wicks showing rejection of those high price points. I didn't FOMO but did miss a great shorting opportunity... I will be posting more of these so i can follow my trading journey. Today marks 2 months into trading for me, I've won my last 3 trades for a profit of $120
id rather miss a trade than take an L at this stage

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.