Simple price action and technical analysis.
A Head and Shoulder reversal pattern is about to form. Possible scenarios:
1, IF the price is retesting the 1,22040 level, then a buy trade is first in place.
2, If price brakes under this level, than a retest of 1,2040 and a sell trade will be possible, as for the H&S pattern.
Don't stumble trading. Trade Safe!
A Head and Shoulder reversal pattern is about to form. Possible scenarios:
1, IF the price is retesting the 1,22040 level, then a buy trade is first in place.
2, If price brakes under this level, than a retest of 1,2040 and a sell trade will be possible, as for the H&S pattern.
Don't stumble trading. Trade Safe!
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.
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.