Inverted head and shoulders are in place and price action has just breached the neckline. The H&S was formed on the pivot point level which says price action found support there and will now look to head higher! 4 hour chart railway tracks have been formed and prices are heading higher! On the daily chart we have a perfect spinning top, which says again, prices are heading higher! On the 30 minute chart we have a breach of a meaningful trend line, that confirms a move higher!
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Im out with over 30 pips profit!!!
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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.