In my last post I had mentioned that the Euro could be forming a Head and Shoulders top.
I just love it when a trading plan comes together!
I will say it feels good when we get our forecast right vs wrong. Of course there is no sure thing in trading but hey I think the charts help us alot. I only use the daily charts because I believe if you want to be successul at trading you want to follow the big banks and smart money. So lets dive in this video and see how the formation happens.
So far the market broke below the neckline at 1.2058 and has fallen hard the profit target is 1.1758 if the market can get there. I will reccommend to stay short unless it breaks back above the neckline!
Trade Well,
Clifford
I just love it when a trading plan comes together!
I will say it feels good when we get our forecast right vs wrong. Of course there is no sure thing in trading but hey I think the charts help us alot. I only use the daily charts because I believe if you want to be successul at trading you want to follow the big banks and smart money. So lets dive in this video and see how the formation happens.
So far the market broke below the neckline at 1.2058 and has fallen hard the profit target is 1.1758 if the market can get there. I will reccommend to stay short unless it breaks back above the neckline!
Trade Well,
Clifford
