Pretty simple chart here, I dont really use indicators so my charts are all naked like this. Head and shoulders. Im bearish here overall, looks like an easy play with low risk nice reward.
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look like were rolling here , will close out half once the minimum of the pattern is played and leave half to run.
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Watch that right shoulder being negated. Although still long term bearish this pair wont be playing the hns any longer if that right shoulder is cancelled.
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well that worked out, going to hold half positions with the stop loss set to profit and let half the position run as long as she wants to run, cheers.
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As you can see target was smashed last night, have a little baby posiiton set to profit, but the trade is pretty much done for now. I am bearish this pair still but that is another chart coming