EURGBP H&S
EURGBP Head and Shoulder right shoulder almost complete....Waiting for opportunity for short.
Trade active
Sell limit hit. First TP .8420.This one may take a while...
Note
Note
Moving stops to BE on this for now. Expecting another retest.Trade closed manually
Taking profit on this one. Expecting retest of highs. will reshort if another opp comes up.Note
Falling wedge, three drives, wolfe waves, etc--it's got a lot of names. Train your eyes to catch this. Good indicator that a reversal is coming. I expect this to coincide with GU's sell off. Note
Price rebounding right on cue....Wait to short, higher RR than buying now.
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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.