Head and shoulders (Knees and toes) pattern forming on the one hour with price pushing back up to heavy resistance zone. looking for nice rejection of said zone before taking aggressive entry on right shoulder. Once we see break and retest of neckline we will enter second position with target of as many pips from neck line to tip of head.
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.