Inverse Head & Shoulders, Long.

13 Kas 2019

Here we see the potential development of a right shoulder of an inverse head and shoulders pattern on EURUSD. If we look down closer at the 1 hr chart, we'll notice that price is approaching level 1.1000 very correctively in the form of a descending channel which is known to be a reversal pattern. There may be buying momentum at this level.

15 Kas 2019

İşlem aktif

This position is currently running 13 pips in profit after a third touch completion of the 1 hr channel reversal pattern.