Euro / British PoundShort
Potential head and shoulders
Been stalking this pattern for a while now.
At this point, it's just a potential pattern and nothing concrete. Price is still able to hold up there, but price makes lower highs and momentum is fading.
HOWEVER, it's a very obvious pattern and I wouldn't be surprised to see a squeeze and a run to the upside before we see new lows.
At this point, it's just a potential pattern and nothing concrete. Price is still able to hold up there, but price makes lower highs and momentum is fading.
HOWEVER, it's a very obvious pattern and I wouldn't be surprised to see a squeeze and a run to the upside before we see new lows.
I have been trading for 15 years!
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
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.
I have been trading for 15 years!
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
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.