Hey traders, as we can see there's a potential head and shoulders pattern forming up on the daily. The left shoulder and the head have already been formed. I normally enter at the base of the right shoulder. So we are going to look for a reversal confimation when price drops to the 1.3037 level. Potential targets at 1.15947.
Enjoy.
Until next time,
PLAN YOUR TRADE, TRADE YOUR PLAN!