Hi guys,
We have a very nice inverted H&S pattern forming.
As you can see both shoulders are perfectly aligned and the pair looks ready to explode once the neckline is broken.
It could be interesting to buy the pair once this neckline is broken. Or enter at the market in anticipation of the breakout.
The projected target is about 175 pips at 1.71400.
Trade with care!
Please like/comment if you appreciate my ideas.
Best,
Jesse
We have a very nice inverted H&S pattern forming.
As you can see both shoulders are perfectly aligned and the pair looks ready to explode once the neckline is broken.
It could be interesting to buy the pair once this neckline is broken. Or enter at the market in anticipation of the breakout.
The projected target is about 175 pips at 1.71400.
Trade with care!
Please like/comment if you appreciate my ideas.
Best,
Jesse
Note
Hey guys,Who is in this trade ?
Have a good day!
Trade closed: stop reached
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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.