Prior to Brexit I posted this trade idea which demonstrated a nice H&S pattern which has been nicely obeyed.
Looking back, at some of my ideas I noticed it hit the 23.6% Fib target which was when I closed out my trades. Observing the chart, the purple arrows are my expectation for this pair, after a steep breakout, we can expect a retracement and then a bounce to further lows.
For more information, please follow me on here, @evanthebanana or at ejfxtrading.com
Looking back, at some of my ideas I noticed it hit the 23.6% Fib target which was when I closed out my trades. Observing the chart, the purple arrows are my expectation for this pair, after a steep breakout, we can expect a retracement and then a bounce to further lows.
For more information, please follow me on here, @evanthebanana or at ejfxtrading.com
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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.
Related publications
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.