completed head and shoulders pattern and oversold market
hey guys,
we have a great buying opportunity on pound dollar pair.
oh a 4h chart we see a completed bullish abcd pattern.
also, looking left we see that the market is approaching a decent level of structure right now.
formation of a h&s pattern leaves us clues that with high probability we will see a pullback.
targets are based on structure.
stop below head.
good luck!
Nota
test of the market support and bounceNota
close to initial targetNota
hit the initial targetNota
Market is going higherTrade chiuso: obiettivo raggiunto
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