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SELL (Swing)
Entry: 1.26662
Take Profit: 1.24183
Stop Loss: 1.27261
Based on the following analysis:
Weekly possible H&S, where based on the 4H trendline
the break and retest has already happened with multiple confluence
it will again retest the area and continue its downward momentum.
Daily M pattern, where it will retract back
to the neckline or the wick of the neckline,
as indicated on the yellow range.
Good luck!
All Strategies Are Good; If Managed Properly!
~FX_SHIFTER
SELL (Swing)
Entry: 1.26662
Take Profit: 1.24183
Stop Loss: 1.27261
Based on the following analysis:
Weekly possible H&S, where based on the 4H trendline
the break and retest has already happened with multiple confluence
it will again retest the area and continue its downward momentum.
Daily M pattern, where it will retract back
to the neckline or the wick of the neckline,
as indicated on the yellow range.
Good luck!
All Strategies Are Good; If Managed Properly!
~FX_SHIFTER
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