THE HEAD AND SHOULDERS SETUP IS ALMOST COMPLETE !!!
We are one leg short for a nice bearish movement ...
the plan is to wait for the 3rd touch around 1808-1813 and a bearish momentum running away from that zone indicating bearish movement as a selling signal
On the 1 hour timeframe we have a bearish flag pattern and on the 4 hour timeframe we spot a head and shoulders pattern ...It all adds up to my idea of a bearish movement
(This is not a signal)
the plan is to wait for the 3rd touch around 1808-1813 and a bearish momentum running away from that zone indicating bearish movement as a selling signal
On the 1 hour timeframe we have a bearish flag pattern and on the 4 hour timeframe we spot a head and shoulders pattern ...It all adds up to my idea of a bearish movement
(This is not a signal)
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