CRYSTAL_VISIONS

CRYSTAL_VISIONS Jan 28, 2021

I was very hesitant with this idea because a head & shoulder is best to be found at the very top of a bullish trend or at the very bottom of a bearish trend. I took a short during the Sydney session and my TP was hit near the opening of the New York session. Now, I am waiting for GOLD to hit one of my major zones.

CRYSTAL_VISIONS Updated  Jan 27, 2021

When looking for a cup and handle pattern make sure you spot the handle forming a channel. The cup and handle spotted here is an example of an inverse pattern. Meaning the trend will break the channel and go bearish. The arrows are pointing at areas of possible retracement zones from previous support or resistance. Please be aware that these are solely based on...