Trend line Broken, H&S Forming. Sell the Retracement FELLAS!
This pair has been rallying for the past few days. We finally see an end to this rally.
Could the bulls make a last push to form a H&S?
This is such a great setup seeing how the pair could rally again to form a H&S at the resistance of the trendline which is near the 61.8 and 50 Fib.
You bet I got my eye on this one forming a H&S forming an perfect entry for me to short.
Pending orders on my Fib retracement levels.
Stop levels could be above the previous high which give us a great R:R Ratio.
Could the bulls make a last push to form a H&S?
This is such a great setup seeing how the pair could rally again to form a H&S at the resistance of the trendline which is near the 61.8 and 50 Fib.
You bet I got my eye on this one forming a H&S forming an perfect entry for me to short.
Pending orders on my Fib retracement levels.
Stop levels could be above the previous high which give us a great R:R Ratio.