Trend Reversal
Updated
H4 head and shoulders completed and broken down support line.
Daily chart an inverse head and shoulder which falls currently at the right shoulder
Yesterday lost trade due to suspecting an early reversal might happen at the strong support line before completion of the H4 right shoulder and hit SL once it broken through.
Buy entry begins today. Targeting TP1 1.2600 TP2 1.2700 and TP3 1.2800
SL at 1.23485
Daily chart an inverse head and shoulder which falls currently at the right shoulder
Yesterday lost trade due to suspecting an early reversal might happen at the strong support line before completion of the H4 right shoulder and hit SL once it broken through.
Buy entry begins today. Targeting TP1 1.2600 TP2 1.2700 and TP3 1.2800
SL at 1.23485
Trade active
Buy still activeBroken weekly trend line highly will touch 1.2301 to closed the missed Weekly pivot.
Buy second position 1.23100-1.23010
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