HEAD AND SHOULDER FORMATION, SHORT

I see a H & S formation of this 1h pair, Then, I have drwan a possible profit target (the distance from head to shoulder base. Trade at your own risk. This i sjust an idea. I may even not trade it.

Note

sorry for my terrible writing

Note

if it goes below 113.1, then i this is a good short candidate pair

Note

itseems that price action has conffirmed the idea. unfortunately i did not trade it. too late????

rafaeltrades

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.

rafaeltrades