Kom igång
ForexCollege

GBP Inverse head and shoulder pattern

Kort
Brittiska pund/Amerikanska dollar (FX:GBPUSD)  
ForexCollege Uppdaterad   
FX:GBPUSD   Brittiska pund/Amerikanska dollar
Chart Patterns Trend Analysis
2
0
chartpattern trendanalysis
I have identify a inverse head and shoulder (IHS) pattern and plotted graphics. The trend is still down as I don't see higher highs yet, so my bias is still bearish, however I will consider all possible moves the price can make. With a bearish trend still in tact I will consider the triangle pattern as my bearish trade indicator (head to left shoulder and neckline of IHS). A tentative head and shoulder pattern always form a triangle pattern between the head and the right shoulder. A triangle pattern is not necessarily a trend continuation pattern , you have to read the price action within the pattern and take a birds-eye-view of the chart (higher timeframes works good for this).
Kommentera:
Super low timeframe traders can trade within a pattern. Sell near resistance Buy at support.
Kommentera:
DISCLAIMER: I am not a financial advisor and anything that I say on these channels should not be seen as financial advice. I am only sharing my speculation and personal experience.
Kommentera:
This was a false breakout and short lived the war tension in the Middle east surely have a major impact.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.