This is based on mondays candles which are boxed in the coloured boxes the break out of the zone indicates the head as shown.
Then we had a 100% retrace back to the bottom of that Monday zone creating the neck line.
Then the market moved back towards the opposite creating the right shoulder its right about on the support of the left shoulder i expect this to now be in a buy position and possibly move for a 30 to 50 pip movement
Then we had a 100% retrace back to the bottom of that Monday zone creating the neck line.
Then the market moved back towards the opposite creating the right shoulder its right about on the support of the left shoulder i expect this to now be in a buy position and possibly move for a 30 to 50 pip movement
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.