Possible HS pattern in play. SHORT at your own

2. Feb. 2022

Hi Folks:

Here's a spotted HS pattern that could bring short selling momentum after hitting the previous target.

Let's see what happens at the bottom of ascending channel to decide.

STAY SAFE. Cheers


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2. Feb. 2022

Anmerkung

I am not very convinced about this idea because the USD seems to be strengthening against all pairs due to the expected interest hikes. I would not be surprised to see a test of the orange descending trendline (117 area). I rather wait to short from there of once the break out of the channel and the pattern is confirmed.