EURGBP H&S . Prepare your shorts!

To me this is just perfect. I had this pitchfork in my graphs for more than a year and it has been very accurate. Break the Pitchfork and complete the Head and shoulders pattern and our target is back to 0.76. All the read lines from the peaks to the baseline are copied and pasted. Only exception is the last right small peak that was a bit shorter!

You can see the two peaks on each side as one shoulder each, peaks closer to the head are higher than the ones further from the head. The also have the same length, despite the right one taking a bit longer to play out.

Yorum:

Are you ready guys? Sell below the top green line!