EURGBP - H&S

19 sept. 2016A potential head and shoulders could be forming on EURGBP. With the right shoulder 50% complete, it would be nice to see a clear downfall towards our neck line (our support and resistance trendline) over the next few weeks.

If it clearly breaks our neckline, I'm looking for the obvious retest and breakdown - further downfall towards our market gap which has been left unfilled.

22 sept. 2016

Commentaire

With a break out past my original labeled right shoulder level, it has met up with the very tip of the left shoulder. Waiting for further break down.