Head & Shoulders Pattern Trading

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Head and shoulder on UsdNok: return long on the pull back.

 

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NzdUsd, head and shoulder in formation after the Australian rates cut. Short below 0.8490!!

 

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EurTry: bullish head and shoulder in formation. Neckline at 2.37.

 

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UsdNok on the neck line:

 

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Bearish head and shoulder on the hourly charts of EurUsd. 1.2950: the target was reached, but at this point we can find the 200-days moving average and the whole game will be played on Monday.

 

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A bullish head and shoulder has been formalized on UsdChf!

 

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UsdInr: bullish head and shoulder in formation.

 

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AudChf, neck line at risk, commodity at risk.

 

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At the moment, the most famous head and shoulder of the world, EurUsd towards 1.2770.

 

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Despite the promotion of Moody's , EurTry remains close to the neck line; stay long.