The measured move of a head and shoulders pattern breaking the neckline may or may not happen here. That would put price around 1.57000. But the prospect of the measured move accompanied by the recent history of price action to rise and fall quickly through the current level is enough to get my attention for a lower timeframe trade opportunity. Anything to stack the odds!
Comments welcome
Comments welcome
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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.