Head and Shoulders

Jul 6, 2016

I think head and shoulders are developing here. Even though it is looking, like heading towards maximums, but there is also divergence on RSI and MACD on Daily TF.

Jul 6, 2016

Note

Watch the level of 19.1 for head and shoulders reversal signal. I am not in the trade as my pockets are just too shallow to cover the risk of a spread of 200 pips plus a SL level. But anyone who can, please observe this pair, as i believe it represent a great opportunity, as for sell and if it breaks up for potential rise of maybe 5-10 %