Comments on the chart. H&S breakout jitters?? Price is now at support area and it is possible for the the upside to resume. Hence my neutral stance
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Price has fallen below the low of the inverse hammer. There might be more down in store
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Downside price action is increasing a retest of 1.4500 is not off the cards
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Price is right on support. I called for a retest of the support area when I saw the failed breakout. Didn't make (or lose) a dime from this idea though
Lesson here: If your idea is sound take the opportunity!
Lesson here: If your idea is sound take the opportunity!
