Based off my previous idea, this idea seems more logical. Inverted head & shoulders followed by a re-test of the neckline. The exchange rate also shows a 50% retracement and candles getting smaller and wicks getting longer suggesting a decrease in momentum.
Comment:
Well looks like my previous analysis was right and this one didn't 🤷🏽♂️
Comment:
(Journal) Look at the overall trend, and trade direction. No break of TL or shift in momentum.
Comment:
Market turned around and broke TL.
