Diamond / Inv H&S Reversal?
Updated
Long time no see, haven't published in a while. I hope everyone had a wonderful xmas and new year.
Onto my analysis. It looks like we've got a couple of reversal patterns showing, a diamond bottom reversal and an inverted head & shoulders.
Market sentiment is highly cautious. See chart for targets (t1, t2) and stop loss (sl).
Onto my analysis. It looks like we've got a couple of reversal patterns showing, a diamond bottom reversal and an inverted head & shoulders.
Market sentiment is highly cautious. See chart for targets (t1, t2) and stop loss (sl).
Trade closed: stop reached
What a shame, we broke out as expected but didn't make the target. Better luck next time.
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