The cross has formed a Head & Shoulders pattern on the Weekly chart that gives us a potential signal for a trend reversal.
Last week's candle has broken out the neckline but there's still an opportunity to enter the trade.
The risk/reward ratio is very good, more than 1:3.25
Good luck and good trade !
Last week's candle has broken out the neckline but there's still an opportunity to enter the trade.
The risk/reward ratio is very good, more than 1:3.25
Good luck and good trade !
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Ricevi gratuitamente gli studi sui Pattern Armonici e di Analisi Tecnica ogni settimana sui mercati finanziari. Iscriviti qui: goo.gl/JIhOHJ
Instagram: instagram.com/the10mintrader/
Facebook: facebook.com/The10MinTrader/
Instagram: instagram.com/the10mintrader/
Facebook: facebook.com/The10MinTrader/
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.