Possible inverted H&S Long

Euro Fx/Japanese YenFXCM

Opis

⋅ 17 sty 2014 15:01

The last up swing was in 5 waves. That means in most cases that the market has turned bullish again,
but it could also be a more complex pattern.

The market is starting to look like an inverted head and shoulders.
Two divergences on the MACD

Komentarze

Pink_Grasshopper

⋅ 17 sty 2014 17:43

...I'd wait until 141 is seriously breached...

traderWgun

⋅ 17 sty 2014 17:33

Ok this is not working out. Close longs -50 pips.

elizalibby

⋅ 17 sty 2014 15:33

Agreed.. 141.69 confirms this move for me

ForceFollower

⋅ 17 sty 2014 15:21

I've noticed you like playing with the 'pattern' tool. :-) Yes. I find this scenario highly probable.

traderWgun

⋅ 17 sty 2014 15:31

yes it's better than drawing a line :)

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