Head & Shoulder Pattern expected
Price is moving within the triangle and simultaneously making higher lows.
This pair is in its retracement phase.
Let us see if we can have a pop up to TEST the right shoulder or higher.
Stepping down to 2H time frame, after drawing my counter-trendline, noticed MA already crossed.
Therefore, I will be waiting for PA candlestick to show up before executing this trade with Risk to Reward of 2:8
Happy Pippin'
Price is moving within the triangle and simultaneously making higher lows.
This pair is in its retracement phase.
Let us see if we can have a pop up to TEST the right shoulder or higher.
Stepping down to 2H time frame, after drawing my counter-trendline, noticed MA already crossed.
Therefore, I will be waiting for PA candlestick to show up before executing this trade with Risk to Reward of 2:8
Happy Pippin'