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OPBUSD head and shoulders on the 4h chart
Hi anyone,new to trading but willing to take hard critics :) .That's my humble oppinion only but this seems interesting and promissing to me.
OPBUSD on the 4h chart, seems to form a nice head and shoulders patterns.Price action seems promissing,nice break of the necklinegood sized consistent bearish candles,fullbody,small tails.Price below the 20 EMA for last 10 candles,50EMA seems to act as excellent support and resistance.By the looks of it pretty soon VWAP might just be above price,hope to look at institutions going short agressively. Last bar going down agressively a good 7%.
OPBUSD on the 4h chart, seems to form a nice head and shoulders patterns.Price action seems promissing,nice break of the necklinegood sized consistent bearish candles,fullbody,small tails.Price below the 20 EMA for last 10 candles,50EMA seems to act as excellent support and resistance.By the looks of it pretty soon VWAP might just be above price,hope to look at institutions going short agressively. Last bar going down agressively a good 7%.
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