(If the weekend gap is large it will probably invalidate the whole trade. )I’m saying potential because it might not form. I will take this on the hourly because this trade will run fast. Anyways, I want to see that gap filled. Possible head and shoulders forming on the 4hr. What is really convenient is that the right shoulder will form( if it does) right at the .618 level. Neckline is at 1.0844. .618 fib is at 1.0950 ( good psychological number too). Trade at your own risk and wait for confirmation because it might not form. Hopefully the weekend gap doesn’t fuck up the trade.
submitted by /u/empforex
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May 14, 2017 at 10:13PM
from /u/empforex
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