Price action seems to be forming a possible head and shoulder formation.
Probably forming right shoulder now.
Giving traders short term trade opportunities.
Waiting for price to touch neckline to get confirmation of head and shoulder formation.
Probably forming right shoulder now.
Giving traders short term trade opportunities.
Waiting for price to touch neckline to get confirmation of head and shoulder formation.
Trade closed: target reached:
80 PIPS! RISK TO REWARD RATIO ACHIEVED.