Cmasterza

Head and shoulder pattern

教育
OANDA:XAUUSD   黃金現貨 / 美元
Today is the last day of September so it seems that the inside bar on the monthly time frame will close as such unless there is a massive move today:

The head and shoulder pattern is only to be traded at the end of a trend (its a reversal pattern so do not use mid trend!)

I'll be waiting for the neck line to break before considering to take an entry. A price action signal after the neck line breaks would be ideal. For now, this pair is on my watch list and I will publish live updates in Forex Bootcamp.



Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.

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