There is a nice level of structure at 1.010. We have seen the hold of that level multiple times back in 2018 and 2017. Following the multiple tests of this level pair has dropped little bit and now we can see it potentially forming Head and Shoulders pattern. Patience. I want to see break and
close below the neckline to confirm continuation to downside and then I'll be looking to sell on retest of the neckline using lower time frame to find the best entry price. As usual ATR based stops above the right shoulder of pattern.
Trade your plan and good luck in the markets.
close below the neckline to confirm continuation to downside and then I'll be looking to sell on retest of the neckline using lower time frame to find the best entry price. As usual ATR based stops above the right shoulder of pattern.
Trade your plan and good luck in the markets.