Here we See a potential Head & shoulders pattern .. we are now waiting for the compilation of right shoulder
next week if we'r seeing a bearish reaction on the right shoulder or the Lower High (LH) like an upthrust or rejection Candles failed to close above LH . that's give us a the First potential 1:1 Risk Reward Ratio short trade to the next low support .
or we can wait until the right shoulder break the nick line support and re-test it ... That's give us the second short trade with 1:2 risk reward ratio from the broken support which is became a resistance to the next support area
anyway ... we can follow this pair nest week ..!!
Be Sure to be ready .....!!
Thanks a lot ..............!!
next week if we'r seeing a bearish reaction on the right shoulder or the Lower High (LH) like an upthrust or rejection Candles failed to close above LH . that's give us a the First potential 1:1 Risk Reward Ratio short trade to the next low support .
or we can wait until the right shoulder break the nick line support and re-test it ... That's give us the second short trade with 1:2 risk reward ratio from the broken support which is became a resistance to the next support area
anyway ... we can follow this pair nest week ..!!
Be Sure to be ready .....!!
Thanks a lot ..............!!