Euro / U.S. DollarUpdated head and shoulder pattern in 4h time frame
by checking RSI the left side shoulder is higher than the head of the pattern that would be a significant sign of this pattern but for getting a short position we should wait for closing the candle under the neckline.
Trade active
Note
it broke the necklineNote
we expect that it reaches to the bottom lineNote
we hit the target approximately please leave a comment and share your ideas tnx.
Trade closed: target reached
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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.