SELL SETUP

I strongly believe there is still a big room for down move as a target from head and shoulders pattern on weekly timeframe has not been reached yet. Pair is still in downtrend on higher timeframe with a current rally on daily timeframe.
Watch for for a breakout of trendline on 4hr chart as it will give us good RR opotunity.
If setup will play out I will try to keep trade until price reached 1.45000.

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Trade active

Trade closed: stop reached

Trade active

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Another attempt with SL above cuurent swing high

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Again trendline broken

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Hope you guys are in.

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We might have two more corrective waves and another impulse up.

Looks like still not ready to go.

pablo82

Related publications

HEAD AND SHOULDERS SETUP

by pablo82

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