EURUSD False Head & Shoulders

17 juin 2020

Hey, haven't posted in a while because i've been too busy managing more accounts than i'm used to. But I just wanted to get back on to say that this head and shoulders is not going to work out lol. I've seen just enough posts that think it will, that even verify what i was originally thinking. I've been planning for this false head and shoulder's since the left shoulder and head formed. It's possible we can consolidate and move a bit lower before kicking back up. But this thing is highly likely to kick up.

17 juin 2020

Note

i'm long

18 juin 2020

Note

stop is now at breakeven, if i'm taken out of the trade and price continues bullishly i'll find a spot to re-enter

18 juin 2020

Note

broke even, now looking for a new entry. If we dont break up today, i'd just expect more sideways movement and squeezing leading into a bullish week for next week.

22 juin 2020

Note

the low of the week is in

23 juin 2020

Note

Still think head and shoulders works?

I'll see you all when I see you, I'll probably try to make a post once or twice a month. At least for big moves like this.