took a look at the weekly charts and saw this H&S pattern which should complete the right shoulder when market closes today. its going to be a very long term trade but will play out.. overall TPs are going to be 1.07809 and 1.05010
Double top is forming on the 4hr TF. Once break of neckline at 1.31262, look for the retest and then continuation to targets.... TP1(1.30877) and TP2(1.30492)
Head and shoulders pattern showed itself!! Broke Neckline, came back up to retest. i can see it going down to the 109 area and possibly lower... comments accepted