DESCRIPTION: Hourly Inverted Head and Shoulders Pattern + 61.8% retracement clear rejection + 1.32500 Major Support (structure and psychological).
ENTRY: Reversal candlestick pattern on the 61.8%.
TARGET: 127.2% extension from A to B.
STOPS: BELOW the 78.6% and the left shoulder of the inverted HnS.
ENTRY: Reversal candlestick pattern on the 61.8%.
TARGET: 127.2% extension from A to B.
STOPS: BELOW the 78.6% and the left shoulder of the inverted HnS.
Comment:
STOPLOSS is now @ BREAKEVEN.