DislikedI have a technical question: If the right shoulder is higher than the left shoulder, does it still qualify as a head and shoulder pattern?Ignored
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DislikedI have a technical question: If the right shoulder is higher than the left shoulder, does it still qualify as a head and shoulder pattern?Ignored
DislikedI can't recall ever seeing a H&S thats perfect. I have only been trading for 4 years though.Ignored
DislikedI have a technical question: If the right shoulder is higher than the left shoulder, does it still qualify as a head and shoulder pattern?Ignored
Dislikedtechnical view :
Attachment
weekly still in downtrend, ( 3 Lower highs ) , unless we dont cross/close above 4830-4875 and 1.5000 level we r still in nice area to place some swing trades to the downside with stops above mentioned levels above.
Targets at least 1.35 and 1.29 area.
Might take a couple of months to get there of course.....wtf this is a weekly chart
On the daily develops a trend reversal bullish --> bearish , if a Lower Low gonna follow the Lower high next weeks, see chart.
Anyway (as always) the fundamental...Ignored
DislikedWeekly: still in extended correction of bull run 1.16 to 1.60 on a down leg.
Daily: Trying to make a reversal has taken out daily high as far as 1.32 but has yet to make a higher low. and heavy resistence @ 1.32
H1: The run up from 1.2623 to 1.3232 is looking over-extended and due for a correction yesterday saw a possible wave A followed by possible wave B form. If this is the case I have initial targets of 1.304x then 1.293x which would take it to a 50% correctionIgnored
DislikedIgnored
DislikedI have 1.3145 and then 1.3110 to start of with. then comes 1.3090
break of yesterdays low will test 1.3050 and then 1.3020.
on the upside 1.3220 and 1.3250 also possible.
I am short @1.3194Ignored
DislikedI have a technical question: If the right shoulder is higher than the left shoulder, does it still qualify as a head and shoulder pattern?Ignored
Dislikedyep definately a couple of support to break through to get to targetIgnored