Invertedheadshoulders
INVERTED HEAD AND SHOULDERSHere we have a nice example of the INVERTED HEAD & SHOULDERS PATTERN.
It's a simple pattern and easy to spot but
bear in mind that it isn't always look perfect.
It offers a very good Risk To Reward ( 1:5.5 = 550 pips).
SO TRAIN YOUR EYES TO SPOT THEM & CATCH THAT BIG MOVE ! ! !
EUR/USD Inverted Head & Shoulders pattern got broken#EUR_USD just break the #Inverted_Head_Shoulders reversal pattern neckline at 1.1640 , and now #FIBER most probably will head to north within the next couple of trading sessions/days up to 10 days to hit TP targets of the #IHS at 1.1825 & 1.1865, before retrace back to the main #Weekly H&S pattern targets around 1.1200, 1.1000 & 1.0850 within the next couple of months once the neckline break below 1.1295.
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Disclaimer: The given analysis/recommendation based merely on my own ideas, simulations, and market analysis. Any position taken with this recommendation is only based on your own independent actions without any obligations on my side.
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