Head & Shoulder Right SHoulder, waiting for break of channel to confirm sell.
Head & Shoulder pattern to be formed, Started the bearish leg of the right shoulder. Also Bearish Wedge.
Triangle, Broadening Wedge Both Broken
Bullish Flag with alot of Pin Barss... Also retested triangle breakout
Expecting a retrace back to the 0.5 Fib Level...
I am long on this pair until we get a touch of that descending trend line where i will enter a short psition for a 2-300 pip drop. Ignore the EURCAD chart
If the neckline is broken, then im selling. A textbook head & shoulders.
Rejections off major resistance, then consolidation box and then retest of trend line.
Looking to long if we see a break here upwards with a confirmation.
Waiting on a 4HR Confirmation of a reversal before entering the trade. The Sterling is also looking healthy fundamentally after Theresa May wins No-Confidence vote. FX:GBPUSD
Stochastic Rsi Showing A reversal on the trend line, lets see what happens in the coming days. Im all locked in!