Here I have EUR/USD on the 30 Min Chart!
We have 3 sets of Highs in the shape of what looks to be a Head and Shoulders on top of the Support or "Neckline"!
Price has been traveling up so we may be getting a Reversal here now!
**Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!!
-Pattern Prediction-
If Price Breaks and Closes above 1.09945, Pattern INVALIDATED!
If Price Breaks and Closes below 1.09725, Pattern is CONFIRMED and will initiate my Trade Action Plan!
We have 3 sets of Highs in the shape of what looks to be a Head and Shoulders on top of the Support or "Neckline"!
Price has been traveling up so we may be getting a Reversal here now!
**Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!!
-Pattern Prediction-
If Price Breaks and Closes above 1.09945, Pattern INVALIDATED!
If Price Breaks and Closes below 1.09725, Pattern is CONFIRMED and will initiate my Trade Action Plan!
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Keep It Current,
With Novi Fibonacci!
Related publications
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.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Keep It Current,
With Novi Fibonacci!
Related publications
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.