DislikedHey everyone,
Do you guys think this chart is correct ?
I drew some kind of trendline to link those former highs (Dec 14 - Jan 4) on EU 1 hour.
This resistance is broken but can we consider it has now turned into a support ?
For the euro bulls out there, what would be your target for this huge H&S ?
Happy trading for all.Ignored
i personally am a bit doubtful of the H+S though. again not an expert but i dont like where it formed in the trend. i would like to see it form at the swing low itself rather than in a sideways move.im not keen on its shape either, i dont like the last shoulder.??
heres the TLs that i see in play atm. of course we all have our own way to draw them..
hope this helps
jon
PATIENCE... DISCIPLINE