Comments on the chart
Kommentar:
Price moved down today as if to solidify the 'right shoulder'. nothing else to report
Kommentar:
No breakdown to report. No clean H&S to report. Price has just moved sideway. H&S idea is not playing out. The euro has held up nicely despite a fall in all the other majors. DXY has also stayed strong and if we dont get am immediate fall from here then up we go
Kommentar:
Price has broken the 'neckline' however the move down to break this neckline has not been clean as price moved sideways way too much before the break. So something else other than the H&S is going on here. Will reassess over the weekend