This was one of the pairs that we had on our radar over the weekend & as you can see to start the week we ended up violating the neckline of the Head & Shoulders which confirms the pattern. As a result my expectation is the price will continue higher to the 2 potential levels of structure above marked in green. If we are to continue higher I can see us doing so in 1 of 2 ways.
1) A breakout to the upside & 2) a pullback into the neckline which may act as a new level of structure support.
Wishing you guys an awesome week in the markets
Your Trading Coach - Akil
1) A breakout to the upside & 2) a pullback into the neckline which may act as a new level of structure support.
Wishing you guys an awesome week in the markets
Your Trading Coach - Akil
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Coaching, Courses & Community
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.