Head and shoulders break out

Inverted head and shoulders are in place and price action has just breached the neckline. The H&S was formed on the pivot point level which says price action found support there and will now look to head higher! 4 hour chart railway tracks have been formed and prices are heading higher! On the daily chart we have a perfect spinning top, which says again, prices are heading higher! On the 30 minute chart we have a breach of a meaningful trend line, that confirms a move higher!

Commentaire:

Im out with over 30 pips profit!!!