We have an inverted head and shoulders, very strong buy signal, price action has broken through the neckline which means prices are headed up! We have an important candlestick on the daily chart, it is a spinning top, a reversal indication! On the 4 hour chart we have railway tracks forming just before prices went up, confirming the railway tracks to be valid! On the 5 minute and the 15 minute chart we have another inverted head and shoulders which confirmed our trade entry! Money in the bank !!!
Kommentera:
Next Pivot Point resistance level is 118.92, i will hold till then, unless something starts to change on the charts !!!
Kommentera:
I'm out with over 30 pips on hand!!!