-On the 4H chart the pair has produced its first bullish wave and temporary retracement can be expected @PH or alternatively @R2 resistance line.
- As illustrated, the pair could be due to forming the last shoulder of the H&S reversal pattern, before the bullish trend is confirmed.
NB: Risk management should be applied to all trades.
- As illustrated, the pair could be due to forming the last shoulder of the H&S reversal pattern, before the bullish trend is confirmed.
NB: Risk management should be applied to all trades.