Actually yesterday we had a invalid H&S because the price went above the right shoulder.
This same move now became the head of our current head & shoulders.
Price already closed below the neckline.
In case you missed the move, a new opportunity will be to enter if price rebounds to the 0.85258 level.
It's also nice to have the SL above the major resistance, and having a good risk reward.
Good luck traders!
This same move now became the head of our current head & shoulders.
Price already closed below the neckline.
In case you missed the move, a new opportunity will be to enter if price rebounds to the 0.85258 level.
It's also nice to have the SL above the major resistance, and having a good risk reward.
Good luck traders!
Trade closed: stop reached
